Artificial Electronics Intelligent Material Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/06/2025 ,inter alia, to consider and approve ....
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Artificial Electronics Intelligent Material Ltd (formerly Datasoft Application Software India Ltd) has informed BSE that its Board of Directors will meet on June 12, 2025 to consider a proposal for raising funds. The fund-raising could be through various routes including private placement, qualified institutions placement (QIP), further public offer, preferential issue, rights issue, or a combination, via equity shares, convertible preference shares, fully or partly convertible debentures, or non-convertible debentures with warrants. The Board will also fix the date for the 33rd Annual General Meeting for FY 2024-25 and approve the AGM notice. The trading window for insiders has been closed from June 5, 2025 until 48 hours after the meeting concludes.
The fund-raising proposal could lead to equity dilution for existing shareholders depending on the final structure and pricing approved. Investors should watch for details on the size, instrument type, and issue price once the Board decision is announced, as this may materially affect shareholding and stock price.