Hariom Pipe Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/05/2026 ,inter alia, to consider and approve Proposal for Alteration ....
HARIOMPIPE · price
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Hariom Pipe Industries Ltd has informed exchanges that its Board meeting is scheduled for May 21, 2026. The agenda includes two significant items: (1) alteration of the company's Articles of Association, which will require shareholder approval, and (2) raising further capital through the issue of warrants convertible into equity shares, subject to regulatory approvals. The company had earlier closed its trading window from April 1, 2026, which will reopen 48 hours after the announcement of financial results, consistent with SEBI's insider trading regulations.
The proposed warrant issue indicates the company is seeking to raise capital, which may lead to equity dilution for existing shareholders once warrants are converted. The AOA amendment is a precondition for this capital raise or future corporate actions.