Announced Wed, 15 Jul · 19:19 IST
EGM results: capital hike and preferential share issue approved
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 an EGM on 15 July 2026 via video conferencing. Shareholders approved both resolutions with 100% votes in favour (1.39 crore shares polled, 63.45% of total 2.20 crore). Resolution 1 (Ordinary): Increase in authorised share capital and amendment to MoA. Resolution 2 (Special): Issue of equity shares on preferential basis to non-promoters for cash. No votes were cast against either resolution.
Likely market impact
Both resolutions passed unanimously. The preferential issue to non-promoters will dilute existing shareholders' equity and could affect share price.