Announced Fri, 10 Jul · 16:34 IST

EGM notice: acquisitions of Tekfoods and Samridh Overseas via share swap

Price

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

Price reaction · full curve 14 horizons · vs prior close
-6.9%1-day move
₹151.40
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-6.9-13.3-17.6-18.6-16.5-8.1
Up moveDown movePending
AI summary

Switching Technologies Gunther has called an EGM on August 1, 2026 at 12:30 PM via video conferencing. Shareholders will vote on acquiring up to 100 percent of Tekfoods International and Samridh Overseas Trading through share swaps. Also on the agenda: increasing authorised share capital, raising Section 186 investment limits, and issuing equity shares via preferential allotment for non-cash consideration. E-voting runs July 29 to July 31, 2026.

Likely market impact

EGM to decide on two acquisitions via share swap and a preferential share issuance. Outcome may reshape shareholding pattern and capital structure.