BSELWS Knitwear LtdLowNeutral
Announced Mon, 23 Feb · 14:36 IST

Notice of the EGM to be held on 20.03.2026 at 10 am is attached herewith

Board & Shareholder Meetings View source PDF

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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

LWS Knitwear Ltd has called an Extra-Ordinary General Meeting on Friday, 20 March 2026 at 10:00 AM in Ludhiana, Punjab. The only item on the agenda is a Special Resolution to increase the company's authorised share capital from Rs. 15.5 crore (1.55 crore equity shares of Rs. 10 each) to Rs. 44 crore (4.4 crore equity shares of Rs. 10 each), creating an additional 2.85 crore equity shares. The board states the increase is to allow raising further capital in the future. E-voting will be open from 17 March to 19 March 2026, with the cut-off (record) date set as 13 March 2026. The notice has been sent electronically to members whose email IDs are registered, with the email cut-off being 20 February 2026.

Likely market impact

If approved, this will nearly triple the company's authorised share capital ceiling, giving the board headroom to issue new shares in the future. For existing shareholders, this does not immediately dilute holdings but signals the company's intent to raise additional equity capital down the line.