Milgrey Finance & Investments Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/12/2025 ,inter alia, to consider and approve Notice of the Board Meeting
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Awaiting price reaction for this filing.
Milgrey Finance & Investments Ltd has informed BSE that its Board of Directors will meet on Monday, December 15, 2025. The main agenda item is to consider and approve a proposal for issuing shares on a preferential basis. A preferential issue means the company will allot new shares directly to selected investors rather than the general public. The company has not disclosed the size of the issue, the price, or the names of the proposed allottees in this filing. Further details, including any potential dilution for existing shareholders, are expected to come after the board meeting.
Existing shareholders should watch for dilution risk once the size and price of the preferential issue are announced. The stock could see short-term volatility around the board meeting date depending on the terms of the proposed issue.