Atal Realtech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/05/2025 ,inter alia, to consider and approve Consider and approve Financial ....
ATALREAL · price
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Atal Realtech Ltd has called a Board Meeting on May 15, 2025, at its Nashik registered office. The board will consider and approve the audited financial statements for Q4 and the full financial year ended March 31, 2025. It will also consider incorporating a wholly owned subsidiary for the real estate business and a proposal to raise up to Rs. 50 crores through permissible modes such as rights issue, preferential issue, or warrants. Additionally, the board will appoint M/s. BKSK & Associates as Internal Auditor for FY 2025-26 and M/s. Akshay R Birla & Associates as Secretarial Auditor for FY 2024-25.
The announcement is a routine pre-results intimation. Investors should watch the May 15 outcome for Q4 and FY25 numbers. The proposed Rs. 50 crore fund raise and new real estate subsidiary may lead to equity dilution or change in capital structure depending on the mode finalised.