Announced Mon, 20 Jul · 15:17 IST
EGM results: preferential share and warrant issues worth about Rs 99 crore approved
Corporate Actions View source PDF
EIFFL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹329.95
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.9-3.0-3.6-3.0-4.2—————
Up moveDown movePending
AI summary
EGM on July 17, 2026 approved three resolutions: increase in authorised share capital, preferential issue of equity shares to non-promoters worth Rs 51.69 crore at Rs 245 per share, and preferential issue of convertible warrants to promoters and non-promoters worth Rs 47.28 crore at Rs 245 per warrant. All resolutions passed with 100 percent votes in favour from 80.5 percent of outstanding shares.
Likely market impact
Share dilution likely as company raises up to about Rs 99 crore via preferential equity and warrants at Rs 245 per share.