Kitex Garments Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/08/2025 ,inter alia, to consider and approve (i) unaudited Standalone and ....
KITEX · price
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Awaiting price reaction for this filing.
Kitex Garments has informed exchanges that its Board of Directors will meet on Monday, August 4, 2025. The Board will consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26). Additionally, it will consider raising long-term funds through equity shares or equity-linked securities via QIP, preferential issue, or other permissible modes in one or more tranches. The Board will also evaluate increasing the Authorized Share Capital and amending the Capital Clause of the Memorandum of Association accordingly. The trading window for insiders is closed from July 1, 2025 and will remain so till 48 hours after the meeting outcome is announced.
This is a pre-results notice, so no direct stock impact yet. Investors should watch for the Q1 FY26 numbers on August 4, and any decision on a potential equity fundraising could dilute existing shareholders if approved.