Announced Wed, 15 Jul · 17:47 IST
EGM approves share capital hike and preferential issue to non-promoters
Board & Shareholder Meetings View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹98.40
prior close
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base price
After-mkt
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AI summary
Mizzen Ventures held its first EGM of FY26-27 on 15 July 2026 via video conferencing. Members approved increasing the authorised share capital and amending the memorandum of association (ordinary resolution), and issuing equity shares on a preferential basis to non-promoters for cash consideration (special resolution). Nuren Lodaya and Associates was appointed as scrutinizer.
Likely market impact
Preferential issue to non-promoters may dilute existing shareholders' stake. Watch for allotment price and further capital raise updates.