Board meeting on 12 November 2026 to consider results, preferential issue, fund raise and warrants
Board meeting set for Thursday, 12th November, 2026.
By ScoutQuest · · 2 min read
- Board Meeting Date
- Thursday, 12th November, 2026
- Preferential Issue Size
- up to 11 lakh equity shares of ₹10 each
- Fund Raise Amount
- up to ₹50 crore (Rupees Fifty Crore Only)
What this intimation is about
Amarnath Securities Ltd has informed BSE that its Board of Directors will meet on Thursday, 12th November, 2026. The notice lists the businesses the Board will consider and transact at that meeting. This update sets out the agenda; the decisions, if any, would come after the meeting.
Financial results
- The Board will consider and approve the unaudited financial results of the company for the quarter and half-year ended 30th September, 2026.
- The Statutory Auditors' Limited Review Report on those results is also to be placed before the Board.
- The unaudited financial results will be made available on the company's website.
Shares against an outstanding loan
- The Board will consider a proposal for issuance and allotment of up to 11 lakh equity shares of face value ₹10/- each on a preferential basis.
- The consideration is not cash: the shares would be issued by way of conversion of an outstanding loan.
- The proposal is subject to the approval of the shareholders and applicable regulatory authorities.
Fund raise
- The Board will consider a proposal for raising funds up to ₹50 crore (Rupees Fifty Crore Only).
- The route proposed is equity shares and/or securities convertible into equity shares, through a preferential issue and/or a rights issue.
- The manner and terms are to be determined by the Board, subject to shareholder approval and receipt of statutory, regulatory and other approvals.
Convertible warrants
- A separate proposal for issuance and allotment of convertible warrants on a preferential basis to the proposed allottee(s) is also on the agenda, subject to shareholder approval and applicable regulatory approvals.
Postal ballot
- The Board will consider the draft Postal Ballot Notice and the explanatory statement for seeking shareholders' approval on the matters above, along with other matters proposed to be transacted through postal ballot.
Trading window
- The trading window will continue to remain closed till the expiry of 48 hours after the declaration of the unaudited financial results for the quarter and half-year ended 30 September 2026.
What shareholders may want to track
The agenda combines the routine quarterly results with several capital-structure proposals: conversion of an outstanding loan into up to 11 lakh equity shares, a fund raise of up to ₹50 crore, and convertible warrants on a preferential basis. These could affect the number of shares outstanding and the shareholding pattern, so the terms finalised by the Board, and the shareholder approvals sought through the postal ballot, would be the details to follow. All of these are proposals to be considered by the Board and are subject to shareholder and regulatory approvals.
More numbers
- Equity shares proposed on preferential basis (loan conversion)11,00,000 Equity Shares
- Face value per equity share₹10/-
- Fund raise proposed₹50,00,00,000/-
- Trading window closure after results48 hours
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