Announced Tue, 13 May · 17:36 IST

Landmarc Leisure Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2025 ,inter alia, to consider and approve Intimation of Board meeting

Fund Raising View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Landmarc Leisure Corporation has called a Board meeting on May 20, 2025 to consider raising funds through the issue of securities. The Board will also finalize the draft notice seeking shareholder approval and appoint a Scrutinizer for the process. Additionally, the trading window for insiders remains closed since April 1, 2025, until 48 hours after the announcement of audited financial results for the year ended March 31, 2025. The filing does not specify the type or size of the securities being proposed. The company has signed the intimation through its Whole Time Director, K.R. Mahadevan.

Likely market impact

A potential fund-raising exercise through securities could be dilutive for existing shareholders, depending on the structure and pricing that the Board decides on May 20. Investors should watch for the follow-up announcement disclosing the details of the issue.