Announced Wed, 28 Oct, 2026 · 14:35 IST
EGM approves capital increase, preferential issue and share swap acquisition
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
At the EGM held on 27 October 2026, all three resolutions passed with 100% of valid votes cast and no votes against. Members approved increasing authorised share capital and issuing equity shares plus convertible warrants on a preferential basis, each backed by 333,173 votes. They also approved acquiring Tusaldah Ventures through a share swap, backed by 9 votes; promoter votes were excluded.
Likely market impact
Approvals allow the capital actions. The preferential issue may dilute existing holders, and the related-party share swap carries added risk.