Shree Ram Twistex Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/04/2026 ,inter alia, to consider and approve 1. To make Variation in the ....
SRTL · price
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Shree Ram Twistex Limited has informed exchanges that its Board meeting is scheduled for April 23, 2026. The key agenda includes seeking approval to vary the objects/terms of utilisation of Initial Public Offering (IPO) proceeds and modify the time limit for utilisation of IPO funds. Additionally, the board will appoint a scrutiniser, finalise the cut-off date for shareholders, and approve the notice for a Postal Ballot process. The trading window remains closed for designated persons from April 17, 2026 until the declaration of postal ballot results on June 2, 2026.
The variation in IPO proceeds utilisation could indicate a change in company strategy or fund deployment plans. Shareholders should monitor the postal ballot outcome as it may involve significant decisions regarding the use of IPO funds.