Board meeting on 14 October 2026 to consider authorised capital increase, preferential issue, acquisition, EGM

Sharvaya Metals has informed BSE that its Board of Directors will meet on Wednesday, October 14, 2026 at 11 A.M.

Sun 11 Oct 2026

Board Meeting Date

Wednesday, October 14, 2026

Board Meeting Time

11 A.M.

Agenda Items

increase in Authorised Share Capital; preferential issue; acquisition of an entity; convening an EGM

Sharvaya Metals Ltd has informed BSE that a meeting of its Board of Directors will be held on Wednesday, October 14, 2026 at 11 A.M., to consider, approve and recommend the following matters.

What the Board will take up

• Increase in the Authorised Share Capital of the company and a consequent alteration in Clause V of the Memorandum of Association.
• To consider and evaluate raising of funds through issue of eligible securities, including but not limited to shares, warrants or any combination thereof, or securities representing equity shares or convertible into or exchangeable for equity shares, through preferential issue basis, subject to the approval of the members of the company and other regulatory and/or statutory approvals, as applicable.
• To consider and approve acquisition of an entity and related matters.
• To fix the date, time, venue and mode of convening the Extraordinary General Meeting (EGM) and to approve the Notice of the EGM.
• To approve the appointment of the Scrutinizer and the Remote E-voting Agency for the e-voting process of the EGM.
• To consider any other matter with the permission of the Chairman.

Reading the agenda simply

Authorised Share Capital is the ceiling up to which a company may issue shares. Increasing it changes that ceiling and involves altering the Memorandum of Association; it is a change in the limit itself. A preferential issue means offering eligible securities to specific investors, rather than to all shareholders in proportion. The update places this item subject to the approval of the members. Acquisition of an entity refers to the company taking over or buying into another business, which the Board will consider and approve. Convening an EGM, and appointing a Scrutinizer and a Remote E-voting Agency, is the process by which resolutions are placed before shareholders and their votes recorded.

What this update is

It is an intimation of a scheduled Board meeting and the business to be transacted at it. The Board will consider, approve and recommend these matters at the meeting; the meeting is yet to be held.

Points a shareholder may want to follow

• Whether the Board approves an increase in the Authorised Share Capital, and the altered capital.
• The securities, investors and terms in any preferential issue that may be approved.
• The entity that may be approved for acquisition and the related matters.
• The EGM date and the resolutions that will be put to members for approval.

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