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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's board, at its meeting on January 30, 2026, approved an increase in authorized capital from Rs. 8 crore to Rs. 14 crore to accommodate a larger preferential share issue. The company will now issue up to 61,00,000 equity shares (up from the 48,50,000 approved on January 5, 2026) at Rs. 10 per share — the face value — to six non-promoter allottees, raising up to Rs. 6.10 crore. The allottees include Rushabh Praful Satra (9.3 lakh shares), Vrutika Praful Satra (9.2 lakh), Anil Babubhai Mehta (15 lakh), Shankar Dayal Singh (5 lakh), Saumya Singh (10 lakh), and newly added Sagar Tilokchand Kothari (12.5 lakh). The issue is subject to shareholder and regulatory approvals under SEBI ICDR regulations.
This is a small equity dilution (Rs. 6.10 crore) priced at face value, which is mildly dilutive for existing shareholders but signals promoter/investor confidence in raising fresh capital. Shareholders should watch for the EGM outcome and the final subscription numbers, as pricing at face value means no premium benefit to existing holders.