Kanungo Financiers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/04/2026 ,inter alia, to consider and approve Intimation of Board Meeting ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kanungo Financiers Ltd has informed BSE that its Board of Directors will meet on 13 April 2026 to discuss and approve three key items. First, the Board will consider raising funds through a preferential issue of shares. Second, it will look at a proposal to increase the company's share capital. Third, it will consider changing the company's name and revising its main objects (the core business activities stated in its charter). The filing was made under SEBI listing rules (Regulation 29), which requires listed companies to give advance notice of board decisions that could affect shareholders.
Existing shareholders should brace for potential dilution if the preferential share issue goes through, as new shares will be allotted to specific investors. The proposed name change and shift in main objects could also signal a change in business direction. Until the board meeting outcomes are disclosed on 13 April, the stock may see some speculative activity.