Announced Wed, 15 Jul · 16:33 IST
EGM on Aug 8 to consider capital hike, higher borrowing limit, and asset sale
Board & Shareholder Meetings View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹12.54
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.2+3.7+3.3-4.5-0.7+2.0————
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AI summary
Interactive Financial Services will hold an EGM on Aug 8, 2026 at 4 PM via video conferencing. Key items on the agenda: (1) raise authorised share capital from Rs 8 crore to Rs 70 crore, (2) increase borrowing limit from Rs 10 crore to Rs 50 crore, (3) authorise sale, lease or disposal of the whole or substantially whole undertaking, and (4) alter the Articles of Association.
Likely market impact
Significant capital restructuring on the cards. Major equity dilution possible, higher debt headroom, and potential disposal of key assets signal a major strategic shift.