Seshachal Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/03/2026 ,inter alia, to consider and approve 1. to evaluate the proposal ....
Awaiting price reaction for this filing.
Seshachal Technologies Ltd has informed BSE that its Board of Directors will meet on March 5, 2026, to consider a proposal for raising funds by way of issuing equity shares through any permissible method, subject to regulatory and shareholder approvals. The company has not yet disclosed the specific route, size, price, or use of proceeds. The trading window for insiders has been closed from February 25, 2026, until 48 hours after the board meeting outcome is declared. This is a preliminary intimation under SEBI LODR Regulation 29, ahead of the actual decision.
The stock could see speculative interest ahead of the board meeting as the company explores equity dilution. Since the exact method (QIP, rights, preferential, etc.) and size are not yet announced, investors should wait for the outcome on March 5 before assessing dilution impact or valuation implications.