Board to Meet on October 3, 2026 to Consider Bonus Issue and Increase in Authorised Share Capital

Board meeting set for Saturday, October 3, 2026.

Tue 29 Sep 2026

Board Meeting Date

Saturday, October 3, 2026

Meeting Location

Registered office

Agenda Item 1

Increase in Authorised Share Capital

Agenda Item 2

Proposal for issue of bonus shares, subject to requisite approvals

Scrutinizer Appointment

M/s. Nisarg Sharma & Associates, Practicing Company Secretary

What was announced

The company has intimated the exchanges that the 6th Board Meeting of FY 2026-27 is scheduled for Saturday, October 3, 2026 at the registered office.

Agenda items

• To approve the increase of Authorized Share Capital
• To consider and approve the proposal for issue of bonus shares, subject to requisite approvals
• To approve the draft Postal Ballot Notice
• To approve the appointment of M/s. Nisarg Sharma & Associates, Practicing Company Secretary, as Scrutinizer to the Postal Ballot
• Any other business with the permission of the Chairman

What these terms mean

Authorised share capital is the maximum amount of share capital a company is permitted to issue. It usually has to be raised before a large fresh issuance of shares, such as a bonus issue.

A bonus issue means additional shares are given free to existing shareholders out of the company's reserves. The number of shares held goes up, while the shareholder's proportionate ownership of the company stays the same. It does not bring new money into the company.

A postal ballot is a way of obtaining shareholder approval without holding a physical meeting; a Scrutinizer independently oversees the voting process.

How to read this

This is an advance notice under Regulation 29 of SEBI LODR, which requires companies to inform exchanges before the board considers certain matters. Nothing has been approved at this stage. Details such as the bonus ratio, the record date and the revised authorised capital amount would only be known after the board meets, and the proposals are stated to be subject to requisite approvals, including from shareholders through the postal ballot.

Investors may want to watch for the outcome disclosure after the board meeting.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.