AGM notice: pivot to electronics, share swap deals and capital expansion
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
FY2025-26 annual report and 31st AGM notice filed for September 28, 2026. AGM seeks approval to change main objects from infrastructure to electronic and electrical components. Company plans share swap acquisitions of 100 percent stakes in Blisstering Electronics and Bliss Cab Electronics via preferential issue of 5.67 crore shares at Rs 14 each. Authorised capital to rise from Rs 7.5 cr to Rs 64 cr. Also seeks Rs 70 cr borrowing limit, new statutory auditor and several director appointments.
Major business pivot from infrastructure to electronics via share swap acquisitions. Shareholders vote on capital expansion and director changes at Sept 28 AGM.