Announced Tue, 16 Jun · 13:34 IST

EGM on July 9: preferential issue of 40L shares & 40L warrants at Rs 17/share

Board & Shareholder Meetings View source PDF

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

Price reaction · full curve 14 horizons · vs prior close
+12.9%1-day move
₹16.83
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₹18.49
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AI summary

Samyak International has called an EGM on July 9, 2026 via video conferencing to approve two preferential allotments. Item 1: issue 40 lakh equity shares at Rs 17 each (Rs 7 premium over face value of Rs 10) to promoter group entity Virendra Capital Markets and four non-promoter bodies, raising Rs 6.8 crore. Item 2: issue 40 lakh convertible warrants at Rs 17 each to four promoters (Jain family) and three non-promoter bodies, also totaling Rs 6.8 crore, convertible into equity within 18 months with 25% upfront payment. Combined potential raise is Rs 13.6 crore.

Likely market impact

Up to 80 lakh new shares/warrants may dilute existing shareholders. Rs 13.6 crore fund raise if approved. SEBI lock-in rules apply to allottees.