Gowra Leasing & Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/12/2025 ,inter alia, to consider and approve the Draft Offer / Application ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gowra Leasing & Finance Ltd has informed BSE that its Board of Directors will meet on Friday, December 15, 2025 at 12:00 noon at its registered office in Secunderabad, Telangana. The key agenda is to consider and approve the Draft Offer Letter/Application letter for a preferential issue of equity shares. The intimation was filed on December 2, 2025 under Regulation 29 of the SEBI Listing Regulations. A preferential issue means the company plans to issue new shares to select investors at a price determined by the board, subject to shareholder and regulatory approvals.
A preferential issue will dilute existing shareholders' stake as new shares will be issued to select investors. Investors should watch for details on issue price, size, and identity of allottees once the board approves the proposal, as these will determine how material the dilution is.