StockWatch
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Board Meeting12 Nov 2026, 06:31 pm

Emiac Technologies Approves Preferential Issue of Warrants

AI Summary

Emiac Technologies Ltd announced the outcome of its Board Meeting held on November 12, 2026. The board approved the Unaudited Standalone Financial Results for the half-year ended September 30, 2026, along with the Limited Review Report. Additionally, the board took on record the Registered Valuer's Report and approved a preferential issue of up to 32,75,000 warrants convertible into equity shares at an issue price of Rs. 91.49 per warrant, aggregating up to Rs. 29,96,29,750. The company also approved convening an Extra-Ordinary General Meeting (EGM) on December 9, 2026, via Video Conferencing to seek shareholder approval for the preferential issue and appointed a Scrutinizer for the meeting.

Key Highlights

  • Board approved Unaudited Standalone Financial Results for H1 FY27.
  • Approved preferential issue of up to 32.75 Lakh warrants.
  • Issue price set at Rs. 91.49 per warrant, total Rs. 29.96 Crore.
  • EGM scheduled for December 9, 2026, to approve the warrant issue.
  • Scrutinizer appointed for the upcoming EGM.