Announced Wed, 17 Jun · 21:47 IST

Board meeting on June 22 to consider fund raise via equity or convertible securities

Fund Raising View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+4.0%1-day move
₹97.92
prior close
base price
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+4.0+6.1+6.1+4.0+2.1-1.9-8.3+6.2
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AI summary

The board of Amalgamated Electricity Company Ltd will meet on June 22, 2026 via video conference to consider raising funds through issue of equity shares and/or equity-linked or convertible securities, including warrants, via preferential issue or other permitted modes. The proposal is subject to shareholder and other regulatory approvals. An EGM or postal ballot may be convened for shareholder consent. The trading window is closed till 48 hours after the board meeting outcome.

Likely market impact

Potential equity dilution if approved; stock may see volatility around the board meeting outcome.