Mehai Technology Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/08/2025 ,inter alia, to consider and approve inter-alia the proposal of ....
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Mehai Technology Ltd has informed BSE that its Board of Directors will meet on Friday, August 22, 2025. The main item on the agenda is to consider a proposal for raising funds by issuing equity shares or other securities. The fund raise could happen through a rights issue or any other mode allowed under applicable law. The size of the proposed raise and the exact mode have not been disclosed yet. The intimation has been filed under SEBI's Listing Regulations, which requires companies to announce board meetings that may impact share prices in advance. The letter is signed by Director Rekha Bhagat.
If the Board approves a fund raise via equity or rights issue, existing shareholders could face dilution of their holdings. The stock may see some volatility or speculation ahead of and after the August 22 meeting. Investors should wait for further details on the amount and structure of the raise before making decisions.