SMT Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/09/2025 ,inter alia, to consider and approve Submission of prior intimation ....
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SMT Engineering Ltd has informed BSE that its Board of Directors will meet on Friday, 12 September 2025, to consider a proposal for raising funds. The funds could be raised through equity shares, warrants convertible into equity shares, or other permissible securities, via preferential issue, private placement, or a combination of methods, subject to shareholder and regulatory approvals. The Board will also consider convening a general meeting to seek shareholder approval for the fund-raising plan. The trading window for dealing in the company's securities has been closed from 9 September 2025 until 48 hours after the board meeting outcome is declared.
This is an advance notice only — no fund-raising decision has been confirmed yet. If approved, the issuance of new equity or convertible warrants could dilute existing shareholders' stake, putting short-term pressure on the share price once details (size, price, and instruments) are disclosed.