Visa Steel Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/10/2025 ,inter alia, to consider and approve In terms of the provisions of Regulation ....
VISACHROME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Visa Steel Limited has informed BSE that its Board of Directors will meet on Saturday, 4 October 2025 to consider and approve raising of funds through issuance of equity shares and/or warrants convertible into equity shares, and/or other securities via preferential allotment or other methods. The decision will be subject to statutory, regulatory, and shareholder approvals wherever required. The trading window for dealing in the company's securities has been closed from 30 September 2025 until 48 hours after the announcement of financial results for Q2 and H1 ended 30 September 2025. This is a routine advance intimation under SEBI Listing Regulations, and no specific amount, price, or investor details have been disclosed yet.
For existing shareholders, this signals a potential dilution of equity if the Board approves the issuance, but pricing, size, and structure are yet to be decided. Watch the outcome of the 4 October board meeting for clarity on amount raised and any specific allotment terms.