Board Meeting11 May 2026, 07:42 pm
Aviva Industries to Consider Fund Raising of ₹3350 Cr
AI Summary
Aviva Industries Ltd has scheduled a board meeting on May 14, 2026, to consider and approve the audited financial results for the period ended March 31, 2026. The board will also evaluate a proposal for fund raising up to ₹3350 Crore through various means, including qualified institutional placement, private placement, or other permissible modes. The funds are intended to enhance operational capabilities and expand market presence. The trading window is closed from April 1, 2026, until 48 hours after the board meeting.
Key Highlights
- Aviva Industries board meeting scheduled for May 14, 2026.
- Board to consider audited financial results for the period ended March 31, 2026.
- Fund raising proposal of approximately ₹3350 Crore to be evaluated.
- Fund raising may occur through QIP, private placement, or other permissible modes.
- Trading window closed from April 1, 2026, until 48 hours after the board meeting.