Notice of Extra Ordinary General Meeting (EGM) to be held on Friday, June 05, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mish Designs Ltd has called an EGM on June 5, 2026 to seek shareholder approval for five business items. First, the company proposes to increase its authorised share capital from Rs. 3.40 crore to Rs. 3.90 crore by creating 5 lakh additional equity shares. Second, the company seeks approval to issue 2,63,160 equity shares on a preferential basis at Rs. 57 per share (including Rs. 47 premium) to raise Rs. 1.50 crore from Kaushal Goenka (promoter), Dhaval Parikh, Nihir Parikh, and Tapan Shah. Third, the company proposes to issue 2,45,615 convertible warrants at Rs. 57 each to raise Rs. 1.40 crore from Bhawna Goenka (promoter group) and Tapan Shah, convertible into equity within 18 months. Fourth, Mrs. Kajal Chhatwal is being regularized as an Independent Director for 5 years. Fifth, Mr. Tapan Shah's designation is being changed from Independent Director to Non-Independent Director.
The preferential share and warrant issuances will dilute existing shareholders but bring fresh capital of approximately Rs. 2.90 crore into the company. Promoter group participation indicates insider confidence, while the capital increase provides headroom for future fundraising.