Board meeting on 27 October 2026 to consider allotment of equity shares on preferential basis
Beryl Securities has scheduled a Board meeting for Tuesday, 27 October 2026 at 11:00 A.M.
By ScoutQuest · · 2 min read
- Board Meeting Date
- Tuesday, 27 October 2026
- Board Meeting Time
- 11:00 A.M.
- Agenda
- to consider and approve allotment of equity shares on a preferential basis
What the company has said
- A meeting of the Board of Directors of Beryl Securities Ltd is scheduled for Tuesday, 27 October 2026 at 11:00 A.M.
- The meeting will consider and approve the allotment of equity shares of the Company on a preferential basis.
- The proposed allotment is to be made in accordance with the Companies Act, 2013 and the rules made thereunder, including the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
- The meeting is to be held at the registered office at 29, Neer Nagar, Mayank Water Park Road, Bicholi, Indore (M.P.) 452016.
What a preferential allotment means
A preferential allotment is when a company issues fresh equity shares to a select set of investors instead of offering them to the public at large. Such issues are governed by the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Investors typically look at three things in a preferential issue: how many shares are issued, at what price, and to whom they are allotted.
Why investors may want to track this
- Fresh equity shares add to the total number of shares in issue, which can change each existing shareholder's percentage stake in the company.
- The issue price is one of the key commercial terms of any preferential issue.
- The allottees and the resulting shareholding pattern are also relevant to existing shareholders.
Where this announcement stands
The notice states that the Board will "consider and approve" the allotment on 27 October 2026. This is an intimation of the meeting and its agenda. The Company has stated that it will intimate the outcome of the Board Meeting to the stock exchange.
What to watch for next
- The outcome of the Board Meeting, which the Company will file with the exchange after the meeting.
- The terms of the allotment once the Board decision is disclosed.
Also from Beryl Securities
In-principal approval received from BSE for preferential issue of 12,95,635 equity shares
14 Oct 2026
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