Announced Thu, 9 Jul · 17:01 IST
EGM notice: share swap acquisitions of Tekfoods and Samridh Overseas
Corporate Actions View source PDF
Price
▲ 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
+1.5%1-day move
₹148.00
prior close
₹155.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.3—-7.2+1.5-4.7-11.3-15.7-16.8-10.4————
Up moveDown movePending
AI summary
EGM called for Aug 1, 2026 to approve raising authorized capital from Rs 6 Cr to Rs 30 Cr, 100 percent acquisition of Tekfoods International via share swap worth Rs 88.93 Cr, 100 percent acquisition of Samridh Overseas via share swap worth Rs 148.49 Cr, and preferential issue of 2.42 Cr shares at Rs 98 each. Both acquisitions are related party transactions.
Likely market impact
Significant share dilution ahead; 2.42 Cr new shares will be issued for share-swap acquisitions. Related party deals need shareholder approval.