Amarnath Securities Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/03/2026 ,inter alia, to consider and approve notice is hereby given ....
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Amarnath Securities Ltd (Scrip Code: 538465) has informed BSE about a Board meeting scheduled for March 11, 2026. The Board will consider issuing equity shares on a preferential basis for cash and/or non-cash consideration, which would dilute existing shareholders. It will also approve a Postal Ballot notice to seek shareholder approval for this share issue, the appointment of M/s. H K Shah & Co. as statutory auditors for five years (FY2025-26 to FY2029-30), and changes in designations of two directors — Mr. Rajendrabhai Patel (Additional to Whole-time Director) and Mr. Kaustubh Joshi (Additional to Independent Director). The trading window for insiders has been closed with effect from this intimation.
The preferential share issue is equity-dilutive and could put short-term pressure on the stock price once terms are announced, while the director re-designations and new auditor appointment signal governance reshuffling that long-term investors should monitor closely.