Announced Wed, 8 Jul · 17:57 IST
Board to consider capital raise and name change on 13 July
Corporate Actions View source PDF
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
+43.9%1-day move
₹33.00
prior close
₹37.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+43.9+39.4+33.4+33.3+36.8+39.4————
Up moveDown movePending
AI summary
GSB Finance has called a board meeting on 13 July 2026 to consider: raising funds via equity shares including preferential issue, increasing authorized share capital, and changing the company's name with related MOA and AOA changes. An EGM or postal ballot will follow for shareholder approval. No amounts or pricing details disclosed yet.
Likely market impact
Dilution risk as company plans equity raise and capital expansion. Name change may signal business pivot. Shareholder approval needed via EGM or postal ballot.