Announced Mon, 6 Jul · 12:51 IST
Postal ballot: RPT with Pride Hotels up to Rs 95 Cr and borrowing limit up to Rs 200 Cr
Board & Shareholder Meetings View source PDF
Price
▲ 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
+4.4%1-day move
₹52.20
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.4—-0.2-0.1-2.3—-2.6———
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AI summary
SP Capital Financing sent postal ballot notice for two resolutions: 1) Material RPTs with promoter-group entity Pride Hotels up to Rs 95 Cr as unsecured loans at 6% pa for FY 2026-27. 2) Increase borrowing limit under Section 180(1)(c) up to Rs 200 Cr. E-voting via NSDL from July 7 to August 5, 2026, results by August 7. Promoter directors hold interest in Pride Hotels; related parties will abstain from voting.
Likely market impact
Shareholders vote on a Rs 95 Cr promoter-group loan to the company and a higher overall borrowing cap of Rs 200 Cr. Watch voting outcome.