Announced Wed, 26 Aug · 24:34 IST

Board meeting on Aug 31 to consider fund raise and share capital hike

Board & Shareholder Meetings View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
+3.6%1-day move
₹59.80
prior close
₹61.87
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.1+5.1+1.8+0.2+3.6+4.0+1.5-1.0+3.3-0.7-10.1
Up moveDown movePending
AI summary

Board meeting scheduled for Aug 31, 2026 to consider: (1) increase in authorised share capital and alteration of MoA, (2) proposal to issue equity shares or convertible securities via preferential issue, rights issue, QIP or any other mode. Trading window for designated persons is closed from Aug 26 till 48 hours after the meeting concludes.

Likely market impact

Possible equity dilution ahead. Key details on size, pricing and mode of issuance will be disclosed after the board meeting on Aug 31.