Intimation for Allotment of equity shares on preferential basis
SPMLINFRA · price
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SPML Infra Ltd has informed the stock exchanges that its Board of Directors will meet on Thursday, November 13, 2025, to consider and approve the issuance of equity shares on a preferential basis. The shares are proposed to be allotted to non-promoters or other persons as the Board may deem appropriate, subject to necessary approvals. This is a follow-up to an earlier intimation dated November 3, 2025, and is being done in compliance with SEBI Listing Regulations. Key details such as the number of shares, price, and identity of allottees have not been disclosed yet.
This signals potential equity dilution for existing shareholders once the preferential allotment is approved and executed. Investors should watch for the board meeting outcome on November 13 for pricing and allotment details, which will clarify the dilution impact.