India Homes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/03/2026 ,inter alia, to consider and approve to consider & approve conversion ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
India Homes Ltd has informed BSE that its Board of Directors will meet on Tuesday, 24 March 2026 at 11:30 a.m. The main item on the agenda is to consider and approve the conversion of outstanding loans into equity shares of the company, in line with existing loan agreements and Section 62(3) of the Companies Act, 2013. The Board will also set up or approve an allotment committee to handle the share issuance once the conversion is approved. The trading window for the company's shares will remain closed from 19 March 2026 until 48 hours after the board meeting concludes.
Existing shareholders may see dilution of their holdings once lenders' loans are converted into equity shares, but the company's debt burden is expected to reduce. The stock may see short-term volatility due to the closed trading window and uncertainty around the conversion ratio.