Sumedha Fiscal Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/05/2026 ,inter alia, to consider and approve Pursuant to Regulation ....
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Sumedha Fiscal Services Ltd has called a Board meeting on May 15, 2026 to consider fund raising through a preferential issue of equity shares and warrants under SEBI ICDR Regulations, 2018. The board will also determine the issue price for this issuance. Additionally, the meeting will approve convening an Extraordinary General Meeting to obtain shareholder approval for the fund raising proposal. The trading window for insiders has been closed since April 1, 2026 and will remain closed until May 26, 2026, around the Q4 FY2026 results announcement.
This preferential issue of equity and warrants will dilute existing shareholder stakes. The size and pricing are yet to be determined at the board meeting. Shareholders should watch the EGM announcement for dilution details and use of proceeds.