Prudential Sugar Corporation Limited has informed the Exchange about General Updates
PRUDMOULI · price
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Prudential Sugar Corporation Limited has informed the stock exchanges about a Board of Directors meeting scheduled for Wednesday, May 14, 2025, at 2:30 PM at its registered office in Hyderabad. The key agenda item is to undertake the e-voting process for a change in the object of the proposed preferential issues, as directed by the stock exchange. The Board will also appoint a scrutinizer for the remote e-voting process and approve the communication to be sent to shareholders. Any other matter with the Chair's permission may also be discussed.
Shareholders should watch this meeting closely as it involves a change in the object of a proposed preferential issue, which could affect the company's fundraising plans and dilution for existing shareholders. The outcome of the e-voting process will determine the final terms of the preferential allotment.