Announced Fri, 17 Jul · 13:55 IST
Mizzen Ventures EGM approves capital hike and preferential share issue to non-promoters
Board & Shareholder Meetings View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹93.50
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-9.7-14.2-18.4-22.5-26.4-33.5————
Up moveDown movePending
AI summary
Mizzen Ventures held its 01st EGM of FY26-27 on 15 July 2026 via video conferencing. Members approved an ordinary resolution to increase the authorised share capital and alter the Memorandum of Association. They also passed a special resolution to issue equity shares on a preferential basis to non-promoters for cash consideration. A scrutinizer was appointed to oversee the e-voting process. Voting results are awaited.
Likely market impact
Authorised capital hike paves way for a preferential share issue to non-promoters, which will dilute existing shareholders but bring in fresh capital.