Kothari Industrial Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/08/2025 ,inter alia, to consider and approve Pursuant to ....
KOTIC · price
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Kothari Industrial Corporation has scheduled a Board meeting on August 26, 2025, to consider and approve a preferential issue of equity shares under SEBI's ICDR Regulations, 2018. The proposal is subject to shareholder and other regulatory approvals. The Board will also finalise the date, time, and notice for the Annual General Meeting (AGM) to be held via video conferencing. The trading window has been closed from August 20, 2025, until 48 hours after the Board meeting concludes, covering all insiders, directors, designated employees, and their immediate relatives.
A preferential issue of equity shares can lead to dilution of existing shareholders' holdings. Investors should watch for the size, price, and identity of the allottee(s) once disclosed, as this will determine the actual impact on share value. The trading window closure signals that material price-sensitive information is expected.