Announced Tue, 30 Jun · 19:36 IST
EGM approves issue of 8.48 lakh shares on preferential basis
Board & Shareholder Meetings View source PDF
AMBICAAGAR · price
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Price reaction · full curve 14 horizons · vs prior close
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₹25.46
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AI summary
Ambica Agarbathies and Aroma Industries held an Extraordinary General Meeting on 30 June 2026 at its registered office in Eluru, Andhra Pradesh. The meeting, chaired by CMD Ambica Krishna, ran from 11:00 AM to 11:45 AM. The only item of business transacted was the issuance of 8,48,600 equity shares of the company on a preferential basis, as per the EGM notice dated 30 May 2026.
Likely market impact
Preferential share issuance can dilute existing shareholders. Allotment price and allottees' details are awaited from attached proceedings.