Sanchay Finvest Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/04/2026 ,inter alia, to consider and approve ENCLOSED HEREWITH BOARD MEETING ....
Price
▲ 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 has scheduled a Board meeting on 20th April 2026 to consider and approve the allotment of equity shares of Rs. 10 each at an issue price of Rs. 10 on a preferential basis to non-promoters. The company has already received in-principle approval from BSE under Regulation 28(1) of SEBI (LODR) Regulations, 2015. The preferential issue was previously approved by shareholders in an Extra-ordinary General Meeting held on 9th February 2026. BSE granted its in-principal approval on 6th April 2026.
The preferential allotment of shares to non-promoters will result in dilution of existing shareholders' stake. The issue price at face value of Rs. 10 suggests potential significant dilution at potentially discounted pricing.