Shivamshree Businesses Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/05/2025 ,inter alia, to consider and approve Audited Standalone Financial ....
Awaiting price reaction for this filing.
The board of Shivamshree Businesses Ltd will meet on May 6, 2025 to consider and approve the audited standalone financial results for the quarter and financial year ended March 31, 2025 along with the independent auditor's report. Additionally, the board will consider a preferential allotment of 3 crore equity shares of face value ₹1 each at ₹1.50 per share, raising ₹4.5 crore in total. The trading window for designated persons has been closed from April 1, 2025 until 48 hours after the results are announced.
Shareholders should watch for the FY25 audited results and the preferential allotment, which will dilute existing equity by issuing new shares at a small premium over face value. Both items could influence short-term stock sentiment depending on the financial performance revealed.