Announced Wed, 15 Jul · 15:29 IST
49th AGM notice: share swap acquisition, capital hike and large share issuance
Board & Shareholder Meetings View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹0.36
prior close
₹0.36
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——+0.0—+2.8+0.0+2.8+2.8-2.8-2.8————
Up moveDown movePending
AI summary
Sharp Investments 49th AGM is on 7 August 2026 in Kolkata. Key resolutions seek to raise authorised capital from Rs 24.25 crore to Rs 51.80 crore, acquire 100 percent of Rajal Lefin and Commercial Pvt Ltd for about Rs 27.51 crore via share swap, and issue around 27.51 crore new Re 1 equity shares to the sellers. The notice also proposes appointing Arun Jain and Associates as new statutory auditor and two new independent directors.
Likely market impact
Massive preferential share issuance will heavily dilute existing shareholders. Acquisition and capital hike need shareholder approval at AGM.