Jattashankar Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/05/2026 ,inter alia, to consider and approve Pursuant to Regulation ....
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Jattashankar Industries' Board met on 6th May 2026 and decided to reschedule the meeting to 12th May 2026. The primary agenda is a proposal for raising funds through issuance of Equity Shares and/or Convertible Warrants on a preferential basis. The Board will also fix the date for an Extra-Ordinary General Meeting (EGM) or Postal Ballot to seek shareholder approval for this fund-raising exercise. Additionally, the trading window for designated persons and insiders remains closed from 1st April 2026 until 48 hours after the meeting concludes.
This preferential issue announcement signals potential share dilution for existing shareholders. The fund raise could bring in new capital for growth but may reduce ownership percentages. The trading window closure confirms insiders cannot trade until the outcome is public.