Announced Wed, 16 Sept · 17:01 IST
Board meet on Sep 20 to consider preferential issue and capital hike
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
+10.2%1-day move
₹54.20
prior close
₹56.91
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+10.2+15.7————————
Up moveDown movePending
AI summary
Board meeting on Sep 20, 2026 to consider fund raising through preferential issue of equity shares, convertible warrants, or other instruments. Also proposes raising authorized share capital from Rs. 35 crore (7 crore shares of Rs. 5) to Rs. 40 crore (8 crore shares of Rs. 5). Trading window for insiders closed from Sep 16 until 48 hours after meeting concludes.
Likely market impact
Potential dilution for existing shareholders pending details on issue size and pricing. Awaiting shareholder and regulatory approvals.