Times Guaranty Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2025 ,inter alia, to consider and approve In continuation of our earlier ....
TEAMGTY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Team India Guaranty Limited (formerly Times Guaranty Limited) has informed BSE that its Board meeting scheduled for 13th August 2025 will now also consider a preferential issue of equity shares or other securities, in addition to the already-noted agenda of approving unaudited financial results for Q1 FY26 (quarter ended 30th June 2025). This is an addition to an earlier intimation dated 05th August 2025. The preferential issue would be subject to regulatory/statutory approvals and shareholder consent. The company is listed on BSE (Scrip Code: 511559) and NSE (Scrip Code: TIMESGTY) with CIN L65920MH1989PLC054398.
Shareholders should watch for two outcomes: Q1 FY26 earnings announcement and potential equity dilution from the proposed preferential issue. A preferential allotment typically results in dilution for existing shareholders unless priced at a significant premium, so the issue price and identity of allottees will be key details to track.