Announced Fri, 18 Sept, 2026 · 18:27 IST
Preferential issue of 5 lakh shares at Rs 48 to non-promoters; EGM on 30 Oct
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved issuing up to 5,00,000 equity shares at Rs 48 each (face value Rs 10) on a preferential basis to non-promoter individuals. Top allottee is Nimesh Sahadeo Singh (3,25,000 shares, 46.43% post-issue). Authorized share capital to increase from Rs 20 lakh to Rs 70 lakh. EGM scheduled for 30 October 2026 to seek shareholder approval.
Likely market impact
Preferential issue may dilute promoter stake. Total raise of about Rs 2.4 crore. Awaiting shareholder approval at EGM on 30 Oct.