Announced Fri, 23 Oct, 2026 · 11:18 IST
Board to consider preference share private placement on October 28
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
The Board will meet on October 28, 2026 at 11:30 AM to consider approving the allotment of unlisted non-convertible cumulative redeemable preference shares through private placement. It will also authorize related filings and corporate actions. The price, investor, redemption terms and number of shares were not disclosed.
Likely market impact
The issue may alter the capital structure and create future cash obligations. The effect on existing shareholders depends on terms not yet disclosed.