Supra Pacific Financial Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2025 ,inter alia, to consider and approve Pursuant to ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Supra Pacific Financial Services has called a Board meeting on July 30, 2025, to consider several key proposals. The Board will consider allotment of secured, unrated, unlisted Non-Convertible Debentures (NCDs) on a private placement basis. Additionally, the company plans to increase its authorized share capital from ₹50 crore to ₹75 crore, a 50% hike. A postal ballot process will be initiated to seek shareholder approval for these proposals, and a scrutinizer will be appointed for the ballot. The Board will also review the company's business operations and prospects.
Shareholders should note the proposed 50% increase in authorized share capital, which could pave the way for a future equity fundraising. The NCD issuance is a debt move on private placement, but details on coupon rate and use of proceeds are not disclosed in this intimation.