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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sanchay Finvest Ltd's board approved a preferential issue of 48,50,000 equity shares at Rs. 10 per share (face value), raising up to Rs. 4.85 crore from 5 non-promoter individuals. The largest allottee is Anil Babubhai Mehta with 15 lakh shares (Rs. 1.5 crore), followed by Saumya Singh (10 lakh shares), Rushabh Praful Satra (9.3 lakh shares), Vrutika Praful Satra (9.2 lakh shares), and Shankar Dayal Singh (5 lakh shares). The board also proposed increasing authorized capital from Rs. 8 crore to Rs. 12 crore to accommodate this issue, subject to shareholder approval. An EGM is scheduled for 5th February 2026 to seek member approval, and the company also plans to shift its registered office from Madhya Pradesh to Maharashtra.
The fundraising is relatively small (Rs. 4.85 crore) and is being done at face value, meaning existing shareholders could face dilution at par without any premium benefit. New non-promoter investors entering at face value could be seen as a sign of confidence, but the scale is small so the stock price impact is likely limited.