Announced Thu, 27 Aug · 18:50 IST

Board to approve merger share allotment and AGM notice on Sep 1

Board & Shareholder Meetings View source PDFExplain this filing

Price

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Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹12.35
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.6-4.0-6.9-4.9-4.5+13.5+0.3
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AI summary

Board meet on Sep 1, 2026 to: set 42nd AGM on Sep 29, 2026, approve Directors Report, and allot 41,17,160 equity shares (Rs 10 each) plus 84,99,592 unlisted NCRPS (Rs 10 each) to members of Royal Spinwell and Developers Pvt Ltd under NCLT-sanctioned merger scheme dated Jul 28, 2026.

Likely market impact

Share dilution expected from 41.17 lakh equity shares and 84.99 lakh NCRPS issued under NCLT-approved merger scheme.