The board meeting to be held on 16/02/2026 has been revised to 23/02/2026.
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Longspur International Ventures Ltd has postponed its board meeting originally scheduled for February 16, 2026, due to non-availability of directors. The meeting has been rescheduled to February 23, 2026 at 11:00 A.M. at the company's registered office in Mumbai. The rescheduled meeting will consider a proposal for raising funds through equity shares, warrants, or convertible securities via modes such as qualified institutions placement (QIP), rights issue, preferential allotment, or further public offer. It will also seek shareholder approval for the fund-raising proposal and discuss alteration of the Memorandum of Association. The trading window for dealing in the company's securities remains closed from February 13, 2026, until 48 hours after the outcome of the meeting is declared.
The rescheduled board meeting will consider a potential fund-raising exercise, which could lead to equity dilution for existing shareholders depending on the size and mode of issuance. The continued closure of the trading window signals that material price-sensitive information is likely to emerge post the meeting, and investors should expect potential stock movement once the outcome is declared.