Intimation regarding adjournment of board meeting for the approval of financial results for the quarter and year ended 31st March 2026 and raising of funds.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board meeting scheduled for May 30, 2026 has been adjourned due to lack of quorum. The meeting was originally called to approve the audited standalone financial results for Q4 and FY ended March 31, 2026, and to consider raising funds through a preferential issue of securities including convertible warrants to an identified promoter group member. The adjourned meeting is now scheduled for June 6, 2026 at the same venue with the same agenda. The trading window will remain closed and will open only 48 hours after the results are declared in the adjourned meeting.
The financial results announcement is delayed by one week, which may cause short-term uncertainty. The proposed preferential issue to a promoter member could be dilutive for minority shareholders if approved.