Board meeting on Oct 27 to consider fund raise and AOA amendment
AVALON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.9 pts less than Nifty Microcap 250 and 3.8 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Avalon Technologies has informed the exchanges about a board meeting on October 27, 2026. The board will consider amending the Articles of Association and a proposal to raise funds through a preferential issue. Funds may be raised via equity shares, fully or partly convertible debentures, warrants, or other securities, in single or multiple tranches. The board will also consider calling an extraordinary general meeting to seek shareholder approval. The trading window for designated persons is already closed since October 1, 2026.
Possible equity dilution ahead. Watch for fund raise size, pricing, and identity of allottees post board meet.