Singer India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2025 ,inter alia, to consider and approve In continuation to our earlier ....
SINGERIND · price
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Awaiting price reaction for this filing.
Singer India Ltd has informed BSE that its Board of Directors will meet on November 12, 2025 to consider and approve raising funds through the issuance of equity shares via a preferential issue, including determination of the issue price. This is a continuation of an earlier intimation dated November 3, 2025, meaning other business items were already notified. The proposal is subject to regulatory, statutory, and shareholder approvals. The company is a well-known sewing machine and home appliances brand listed on BSE.
For shareholders, this signals potential equity dilution once the preferential issue is finalized and approved. The market may react based on the identity of the allottee(s) and the issue price, both of which are yet to be disclosed.