Announced Wed, 24 Jun · 16:43 IST
Board declines capital hike, defers AGM date
Board & Shareholder Meetings View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-5.6%1-day move
₹46.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-5.6-3.3-4.3-2.2-4.1+0.0-7.8-9.8——
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AI summary
On June 24, 2026, the Board of Milgrey Finance and Investments considered and declined a proposal to increase authorized share capital and alter the Memorandum of Association. The company also did not set a fresh date for its 43rd Annual General Meeting, which will be communicated later. The meeting lasted just 30 minutes (4:00 PM to 4:30 PM IST).
Likely market impact
Declining the capital raise may signal no immediate need for fresh funds. Deferring the AGM could create minor uncertainty for shareholders.