Announced Mon, 6 Jul · 16:11 IST
EGM approves preferential allotment of 24.59 lakh equity shares
Board & Shareholder Meetings 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
+8.3%1-day move
₹20.31
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+8.3+5.5+8.0+10.8—+25.5————
Up moveDown movePending
AI summary
GTN Industries held an Extraordinary General Meeting on 6 July 2026 where shareholders approved a special resolution to issue 24,59,622 equity shares on a preferential basis. The meeting was chaired by CMD M.K. Patodia with 34 members present in person. Voting was conducted through remote e-voting and ballot, with detailed results to be filed within 48 hours by the scrutinizer DVM and Associates.
Likely market impact
Existing shareholders face equity dilution as 24.59 lakh new shares will be issued preferentially to select investors at a decided price.