EGM to vote on 694,400-share issue, digital expansion and director appointment
AKIKO · price
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The EGM for FY 2026-27 is scheduled for November 17, 2026 at 12:30 p.m. IST via video. Shareholders will vote on issuing up to 694,400 shares at Rs415 each to 35 investors outside the promoter group, raising up to Rs28.82 crore if fully subscribed. Proposals would add digital payments, wallets, bill payments and digital marketing to allowed businesses and appoint Deepak Soni as an independent director for five years, subject to approvals.
If approved, the issue could raise Rs28.82 crore and dilute holders. A wider digital scope may aid growth, subject to approvals.