Submission of outcome of Board Reeting under Regulation 30 of SEBI (LODR) Regulations, 2015
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Awaiting price reaction for this filing.
The Board of Directors of SMT Engineering Ltd met on 12th September 2025 and discussed a proposal to raise funds through the issuance of securities. However, the Board did not finalise the rate, quantum, or size of the fundraising in this meeting. These key details will be decided in a subsequent Board meeting, the date of which will be announced later. The meeting ran from 5:00 PM to 6:20 PM IST. No other major decisions were disclosed in this filing.
This is an exploratory announcement signalling that fundraising may be on the horizon, but no concrete dilution or pricing details have been shared yet. Shareholders should wait for the next Board meeting outcome to understand the exact nature, size, and potential dilution impact on the stock.