Sharpline Broadcast Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/12/2025 ,inter alia, to consider and approve With reference to Regulation ....
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Awaiting price reaction for this filing.
Sharpline Broadcast Ltd has informed the stock exchanges that its Board of Directors will meet on Friday, 26 December 2025 at 12:00 PM. The main agenda item is to consider issuing equity shares to creditors of Inter Corporate Loans and Investments, by converting their unsecured loans into equity. The meeting may also take up any other business as needed. The notice has been signed by Sanjeev Kumar Jha, Whole-Time Director, and is filed under SEBI Listing Regulations. The company is listed on BSE (Scrip Code: 543341) and Metropolitan Stock Exchange (Symbol: SHARPLINE).
If approved, this would convert existing unsecured debt into equity, potentially diluting current shareholders but reducing the company's loan burden. Investors should watch for the outcome of the meeting on 26 December, as any equity issuance will affect shareholding patterns and possibly the stock price.