BSEMizzen Ventures LtdLowNeutral
Announced Thu, 28 May · 20:18 IST

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable provisions, we wish to inform you that the Board of Directors ....

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-2.0%1-day move
₹154.00
prior close
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-2.0+2.4-2.6-2.6+0.3-13.0
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AI summary

The Board of Directors of Mizzen Ventures Ltd met on May 28, 2026 and approved two key matters. First, they appointed an Independent Registered Valuer to determine the fair value of equity shares in accordance with SEBI ICDR Regulations 2018. Second, they constituted a Preferential Issue Committee to finalize the proposed preferential issue, including determining the issue size, list of allottees, and approving related documents. The meeting lasted 90 minutes (6:00 PM to 7:30 PM). The company is listed on BSE with code 531537.

Likely market impact

The formation of a Preferential Issue Committee signals potential share issuance to specific investors, which could dilute existing shareholders' stakes. The fair value determination will establish a reference price for this preferential issue.