BSESteelco Gujarat LtdMediumNeutral
Announced Thu, 12 Feb · 18:22 IST

Steelco Gujarat Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/02/2026 ,inter alia, to consider and approve various matters relating to ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Steelco Gujarat Ltd has informed BSE that its Rights Issue Committee will meet on 18th February 2026 to consider and approve matters related to its proposed Rights Issue. This follows the Board of Directors' earlier approval on 13th January 2026 for issuing equity shares via Rights Issue worth up to ₹15 Crores. The upcoming meeting will focus on finalizing the record date, issue schedule, and other related details. The Rights Issue Committee was specifically constituted by the Board to handle these matters.

Likely market impact

Shareholders should watch for the record date announcement, as eligibility to participate in the ₹15 Crore Rights Issue will depend on it. The issue may dilute existing shareholdings unless shareholders fully subscribe to their entitlements.