Shivam Autotech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/11/2025 ,inter alia, to consider and approve Raising fund
SHIVAMAUTO · price
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Shivam Autotech has called a Board meeting on November 26, 2025. The Board will consider raising funds by issuing non-convertible debentures (NCDs), optionally convertible debentures (OCDs), or other securities, either in one or multiple tranches. The fund raise will be done through a preferential issue or other permitted methods, subject to shareholder and regulatory approvals. Additionally, the Board will look at amending the company's Articles of Association, which will require shareholder approval through a special resolution. The trading window for insiders is already closed ahead of the meeting.
Shareholders should watch for dilution risk if OCDs or other convertible securities are issued, as conversion could expand the share count. The exact size, pricing, and instrument mix will be known only after the Board meeting on Nov 26, which will set the tone for the stock in the short term.