Prospect Consumer Products Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/08/2025 ,inter alia, to consider and approve - Agenda mentioned ....
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Prospect Consumer Products Ltd has called a Board Meeting on 28th August 2025 at 2 p.m. at its Ahmedabad registered office. The Board will consider increasing the Authorised Share Capital and raising capital through issuance of securities under SEBI's ICDR Regulations, 2018, subject to shareholder and regulatory approvals. Other agenda items include approving the Notice and date for the 3rd Annual General Meeting, fixing the book closure dates and e-voting cut-off, approving the Directors' Report for FY ended 31st March 2025, and re-appointing a retiring director. The trading window has been closed from 22nd August 2025 until 48 hours after the Board Meeting concludes, in line with insider trading rules.
The Board will discuss a potential capital raise, which could lead to share dilution depending on the issue size and price. Shareholders should await the 28th August outcome for clarity on whether a QIP, rights issue, or other securities issuance is planned and at what price.