Outcome of Board Meting held on 12th December, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Sattrix Information Security Ltd approved the issuance of 1 additional equity share under its proposed preferential allotment. This is a minor adjustment from the originally proposed 46,97,311 shares to 46,97,312 shares. The change was needed because the swap ratio was revised from 379:1 to 391.41:1, and rounding was required to avoid fractional share entitlements. The company is listed on the BSE SME platform, and the meeting lasted just 10 minutes (5:55 PM to 6:05 PM) on December 12, 2025.
This is a negligible, purely administrative adjustment — just 1 extra share out of nearly 47 lakhs. No meaningful impact on shareholders or stock price is expected. The underlying preferential allotment (likely a share swap) proceeds as planned with effectively the same terms.