Advance Multitech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/01/2026 ,inter alia, to consider and approve the proposal for raising ....
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Advance Multitech Ltd has informed BSE that its Board of Directors will meet on 22nd January 2026. The main agenda of the meeting is to consider and approve a proposal for raising funds through a preferential issue. No details on the size, price, or allottee(s) have been disclosed yet. This is a small-cap company listed under BSE scrip code 526331. The intimation is filed under Regulation 29 of SEBI's LODR Regulations, 2015.
For existing shareholders, a preferential issue means new shares will be allotted to selected investors at a price fixed by the company, which may lead to dilution of existing shareholding. The actual impact on the stock will depend on the issue price, size, and identity of the allottees, which are yet to be announced.