Shamrock Industrial Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/05/2025 ,inter alia, to consider and approve Proposal for raising ....
Awaiting price reaction for this filing.
Shamrock Industrial Company Ltd has informed BSE that its Board of Directors will meet on May 19, 2025, to consider and approve proposals for raising funds. The company is exploring multiple options including preferential issue on a private placement basis, Qualified Institutional Placement (QIP), rights issue, or any combination of these methods, subject to SEBI ICDR Regulations and shareholder approval. No specific amount, pricing, or instrument details have been disclosed at this stage. The filing is made under Regulation 29(1) of SEBI LODR Regulations, 2015.
This is a preliminary intimation and does not confirm any actual fundraise. Investors should wait for the board meeting outcome on May 19 for details on the size, pricing, and structure of any potential issuance, which could lead to dilution depending on the method chosen.