Rights issue up to Rs 90 Cr, 3 new directors appointed, capital hike approved
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board approved increasing authorized share capital from Rs 10 Cr to Rs 100 Cr and a Rights Issue of up to Rs 90 Crore to eligible existing shareholders, record date to be notified later. Three new Independent Directors appointed for 5 years: Pooja Sarkar, Shruti, and Sudhanshu Shekhar. Two Independent Directors, Saurabh and Reema Magotra, resigned citing pre-occupancy. 43rd AGM scheduled for 1st September 2026 via video conferencing. Audit, Nomination and Remuneration, and Stakeholders Relationship committees reconstituted with new members.
Rights issue of up to Rs 90 Cr may dilute existing holdings. Major board reshuffle with 3 new and 2 outgoing independent directors.