StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting7 Nov 2026, 04:53 pm

Amarnath Securities Board Meeting on Nov 12 to Discuss Results & Fundraising

AI Summary

Amarnath Securities Limited has announced a Board of Directors meeting scheduled for November 12, 2026. The agenda includes the approval of unaudited financial results for the quarter and half-year ended September 30, 2026. Additionally, the board will consider proposals for raising funds up to ₹50 Crore through preferential issue and/or rights issue, issuance of equity shares on a preferential basis by converting outstanding loans (up to 11,00,000 Equity Shares), and the issuance of convertible warrants. A draft Postal Ballot Notice will also be considered. The trading window will remain closed until 48 hours after the declaration of financial results.

Key Highlights

  • Board meeting scheduled for November 12, 2026.
  • Approval of Q2/H1 FY27 unaudited financial results.
  • Proposal to raise up to ₹50 Crore via preferential/rights issue.
  • Consideration of preferential issue of equity shares and warrants.