SAKUMABSESAKUMA EXPORTS LIMITED· TradingLowNeutral
Announced Tue, 27 Oct, 2026 · 15:05 IST

EGM to seek approval for Rs 107.90 crore preferential share issue

Board & Shareholder Meetings View source PDFExplain this filing

SAKUMA · price

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Price reactionminutes from the announcement price · days from the prior close
-2.7%Reaction day
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Nifty Microcap 250market · in no size index; the smallest one is used+1.7%-4.5% vs market

On the reaction day the stock moved 4.5 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Revised notice: Sakuma Exports will hold an EGM on 21 November 2026 at 11:00 am via video conference to seek approval for issuing up to 65 crore equity shares of Rs 1 each at Rs 1.66 per share, raising up to Rs 107.90 crore in cash. The nine allottees are non-promoters. Proceeds will fund enhanced working capital. If approved, promoter stake falls from 46.29 percent to 32.72 percent, with no change in control.

Likely market impact

The issue would add working capital but dilute existing holders and cut promoter holding to 32.72 percent, with no change in control.