AGM notice: preferential issues, RPT approval and director appointments

Related Party TransactionsResults View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.2%Reaction day

₹214.90

prior close

₹206.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-4.3% vs market

Iron & Steel Products peers, median of 98sector-0.2%-4.1% vs sector

On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 4.1 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.2+0.0-4.3-0.2-4.1

Next day

+1.0-0.0+1.0+0.1+0.9

+0.5-0.2+0.7+0.0+0.5

+0.5+0.2+0.3-0.4+0.9

-4.4+0.3-4.7-0.8-3.6

-0.9+0.4-1.3-1.0+0.1

+4.6+0.9+3.7-1.6+6.2

15d

+11.7+1.6+10.1+1.5+10.2

+10.9+2.0+8.9-0.2+11.1

-11.6+0.6-12.1+0.7-12.2

—————

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 98Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

55th AGM on Aug 31, 2026 via video call. Agenda includes adopting FY26 financials, ratifying Cost Auditor fee (Rs 90,000), approving related party deals with Remi Process Plant up to Rs 20 crore for 2 years, issuing 3,97,377 convertible warrants at Rs 180 to South Korea firm WSG Co raising Rs 7.15 crore, and 8,33,331 equity shares at Rs 180 to promoter group and others raising Rs 15 crore.

Likely market impact

Share dilution from preferential issues could pressure stock. Related party deals and director appointments need shareholder approval at AGM.