
AGM/EGM15 Oct 2026, 04:50 pm
Cubex Tubings Ltd to hold EGM on Nov 6, 2026 for Warrant Issue
AI Summary
Cubex Tubings Limited has announced an Extraordinary General Meeting (EGM) to be held on November 6, 2026, via Video Conferencing. The primary agenda is to consider and approve the issuance of up to 50,00,000 warrants convertible into equity shares to promoters and non-promoters on a preferential basis. The warrants will be issued at a price of ₹150 per warrant, with the total potential fundraising through this issuance not explicitly stated but implied by the number of warrants and issue price. The meeting will also address other businesses as outlined in the EGM notice, which has been sent electronically to shareholders.
Key Highlights
- EGM scheduled for November 6, 2026, via VC/OAVM.
- Proposal to issue up to 50,00,000 warrants convertible into equity.
- Warrants to be issued on preferential basis to promoters and non-promoters.
- Issue price set at ₹150 per warrant.
- Meeting to transact special business as per EGM notice.
Price Impact
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