TANFAC Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/01/2026 ,inter alia, to consider and approve 1.The proposal for raising ....
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TANFAC Industries has informed BSE that its Board will meet on January 09, 2026 to consider raising funds aggregating Rs. 500 Crores through QIP, Private Placement, Preferential Issue, or other permitted modes in one or more tranches. The Board will also consider sub-division (stock split) of equity shares from the current face value of Rs. 10 to a lower face value. A consequential amendment to the capital clause of the Memorandum of Association will also be considered. Trading window for insiders is closed from January 01 to January 31, 2026.
If approved, the Rs. 500 Crore fund raise could lead to equity dilution for existing shareholders, while a stock split could improve retail affordability and liquidity of the shares. Both proposals require shareholder approval, and final terms (pricing, timing, mode) will be known only after the board meeting.