Solvex Edibles Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve WE HEREBY SUBMITTED THE NOTICE ....
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Solvex Edibles Ltd has informed BSE about a Board meeting scheduled for 30th May 2026 at 3:00 p.m. at its registered office in Uttar Pradesh. The meeting will consider and approve the Audited Standalone and Consolidated Financial Results for FY ended 31st March 2026, Related Party Transactions, and review IPO fund utilization. The company also has a subsidiary. IPO utilization shows Rs 1303.61 lakh utilized out of Rs 1886.98 lakh allocated, with Rs 583.37 lakh still unutilized (mainly Rs 524.99 lakh for plant & machinery capex and Rs 58.38 lakh for issue expenses). Directors may participate via video conferencing.
This is a routine board meeting notice for annual financial results approval. The FY2026 results approval on 30th May will be the key event for investors. The significant unutilized IPO funds (30.9% of total) may attract scrutiny from investors regarding capex execution timelines.