Announced Mon, 29 Jun · 17:07 IST
EGM on July 23 for AOA change and warrants issue to promoter
Board & Shareholder Meetings View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+5.1%1-day move
₹116.04
prior close
₹121.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.5-1.5-1.5+0.0+5.1-1.7-6.6-11.2-15.7-23.9-25.5———
Up moveDown movePending
AI summary
Aanchal Ispat EGM on July 23, 2026 at 1:30 PM via video call. Resolutions: (1) amend Articles of Association to allow convertible securities, and (2) issue up to 10,55,000 fully convertible warrants to promoter Mukesh Goel at Rs 82 each, raising up to Rs 8.65 crore. Warrants convert to equity within 18 months with 25 percent upfront. E-voting runs July 20-22; cut-off date July 16. Book closure from July 17 to 23.
Likely market impact
Promoter warrants may dilute equity on conversion but signal promoter confidence. Capital infusion of up to about Rs 8.65 crore from promoter.