Borosil Scientific Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2026 ,inter alia, to consider and approve Audited Financial Results ....
BOROSCI · price
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Borosil Scientific Ltd has scheduled a Board meeting on May 20, 2026 to consider and approve the Audited Financial Results (Standalone & Consolidated) for the quarter and financial year ended March 31, 2026. Additionally, the company is seeking shareholder approval through an enabling resolution for raising funds via various modes including Qualified Institutional Placement (QIP), Further Public Offer (FPO), Foreign Currency Convertible Bonds (FCCB), or any other permitted method. This follows a similar approval obtained at the AGM held on August 11, 2025, which has a validity of 365 days under SEBI regulations. The company needs fresh approval to maintain flexibility for future fundraising. The Trading Window for designated persons has been closed since April 1, 2026 and will reopen 48 hours after the results are declared.
The filing indicates the company is planning future equity fundraising which could lead to dilution of existing shareholder stakes. Investors should monitor the actual financial results for FY2026 and any subsequent fundraising announcements.