
AGM/EGM25 Aug 2026, 02:50 pm
Beryl Securities Ltd Approves Preferential Issue of Equity Shares
AI Summary
Beryl Securities Limited's Members, at their 32nd AGM held on August 25, 2026, approved a special resolution for a preferential issue of up to 12,95,635 equity shares. The issue price is set at ₹23 per share, including a premium of ₹13, for a total issue size of up to ₹3,29,79,960.50. These shares will be issued for cash consideration to identified promoter and non-promoter/public category shareholders. The funds raised will be used to augment the capital base for onward lending to MSMEs and self-employed borrowers, and for meeting working capital requirements. The preferential issue is subject to various regulatory approvals and applicable laws.
Key Highlights
- AGM approved preferential issue of up to 12,95,635 equity shares.
- Issue price set at ₹23 per share, total issue size up to ₹3,29,79,960.50.
- Funds to augment capital for MSME lending and working capital.
- Shares to be issued to promoter and non-promoter/public shareholders.
- Issue subject to regulatory approvals and applicable laws.
Price Impact
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