BSESIMPLEX CASTINGS LTD.MediumNeutral
Announced Fri, 18 Sept · 15:33 IST

Simplex Castings board to consider fundraise on Sept 23

Warrants ConvertedFund Raising View source PDFExplain this filing

Price

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Price reaction · full curve 14 horizons · vs prior close
1-day move
₹125.10
prior close
₹134.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.8-3.8-4.8-5.2
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AI summary

Simplex Castings Ltd has informed BSE that its Board of Directors will meet on Wednesday, 23 September 2026 to consider raising funds by issuing new equity shares or other eligible securities, including warrants convertible into equity shares, through permissible modes subject to regulatory and shareholder approvals. The company is an MSME-registered small enterprise based in Bhilai, Chhattisgarh.

Likely market impact

Potential equity dilution if fundraising is approved; details on size, price and mode are awaited.