BSESimran Farms LtdMinimalNeutral
Announced Tue, 24 Mar · 21:37 IST

The company hereby submits closure of trading window.

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-9.2%1-day move
₹145.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-9.2+0.0-3.4-2.8+3.1+10.9+15.9+12.4+21.4+8.0
Up moveDown movePending
AI summary

Simran Farms Ltd has called a board meeting on 30th March 2026 at its Indore registered office. The main agenda is to approve the allotment of 10,18,300 equity shares of face value Rs. 10 each, arising from the conversion of an equal number of share warrants after the company receives the balance 75% of the consideration from promoter group members and other non-promoter persons. The board will also approve a postal ballot notice, explanatory statement, and e-voting arrangements, authorising the Company Secretary to run the process. Additionally, the trading window for designated persons and insiders has been closed and will reopen only 48 hours after the board meeting concludes. The letter has been filed with BSE under Regulation 29 of SEBI LODR.

Likely market impact

Shareholders should expect potential equity dilution once the 10.18 lakh warrants are converted into shares, alongside a pending postal ballot that may seek their approval on related matters. The closure of the insider trading window is routine and signals that material corporate action is being finalised at the upcoming board meeting.