Spinaroo Commercial Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2026 ,inter alia, to consider and approve The Company has informed ....
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Spinaroo Commercial Ltd has informed BSE that its Board of Directors will meet on Saturday, 14th February 2026. The key item on the agenda is to consider and approve the issuance of equity shares on a private placement and/or preferential basis, for either cash or non-cash consideration, in accordance with the SEBI ICDR Regulations, 2018 and the Companies Act, 2013. The issue price will be determined as per applicable laws. The proposal will also require shareholder approval and other necessary regulatory clearances. The company is registered in West Bengal and operates in the industrial complex area of Howrah, Kolkata.
If approved, the issuance will lead to dilution of existing shareholders' holdings. The stock may see short-term volatility around the board meeting date, and investors should watch for further details on the issue size, price, and identity of allottees.