Vivid Mercantile Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/04/2025 ,inter alia, to consider and approve To consider and evaluate for ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vivid Mercantile Ltd has informed BSE that its Board of Directors will meet on Friday, April 4, 2025. The key agenda item is to consider and evaluate raising funds through the issue of equity shares and/or other eligible securities, including warrants, depository receipts, and FCCBs. The board may look at modes such as preferential issue, qualified institutions placement (QIP), rights issue, ADR, or GDR, either individually or in combination, subject to shareholder and regulatory approvals. The filing also reminds that the trading window for the company's securities is currently closed and will remain so until 48 hours after the audited Q4 and FY25 results are declared (date of that board meeting to be communicated later).
This is only an intimation of a board meeting — no fund-raise decision has been taken yet. If approved on April 4, a capital raise could dilute existing shareholders' stakes, so investors should track the outcome and any pricing or size details that follow.