Jattashankar Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/04/2026 ,inter alia, to consider and approve Pursuant to Regulation ....
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Jattashankar Industries has called a Board meeting on April 28, 2026, at 4:00 PM at its Goregaon (East) office. The main agenda is to consider and approve a proposal to raise funds through the issue of equity shares and/or convertible warrants on a preferential basis. The Board will also finalise the date and notice for an Extra-Ordinary General Meeting (EGM) to seek shareholder approval. The trading window for insiders has been closed since April 1, 2026 and will reopen 48 hours after the audited FY26 results are declared.
A preferential issue of equity shares or convertible warrants will lead to dilution of existing shareholders once the terms (price, size, and allottees) are disclosed at the Board meeting. The stock may see volatility around April 28 as investors react to the proposed fundraising structure.