
Investment6 April 2026 at 01:11 pm
Sanchay Finvest Ltd Receives In-Principle Approval for Preferential Allotment of Equity Shares
AI Summary
Sanchay Finvest Ltd has received an in-principle approval from the Bombay Stock Exchange (BSE) under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. The approval is for the allotment of equity shares of Rs. 10/- each at an issue price of Rs. 10/- each on a preferential basis to non-promoters. This decision was approved by the members in the Extra-ordinary General Meeting dated 09/02/2026 and the BSE In-Principal Approval dated 06/04/2026. The Board meeting is scheduled for 20th April, 2026 to discuss this matter and any other business items with the permission of the chair.
Key Highlights
- Sanchay Finvest Ltd receives in-principle approval from BSE for preferential allotment of equity shares
- The allotment is at an issue price of Rs. 10/- each for non-promoters
- The decision was approved by members in the Extra-ordinary General Meeting dated 09/02/2026
- BSE In-Principal Approval dated 06/04/2026 was obtained
- Board meeting scheduled for 20th April, 2026 to discuss the allotment and other business items