Board Meeting7 Aug 2026, 04:16 pm
Ganesh Holdings Approves Rights Issue Up to ₹5 Cr, Unaudited Results
AI Summary
Ganesh Holdings Ltd's Board of Directors met on August 7th, 2026, approving the unaudited financial statements for the quarter ended June 30th, 2026, along with the auditor's limited review report. The board also sanctioned a rights issue of equity shares, aiming to raise up to ₹5 Crores. A Rights Issue Committee has been formed to finalize terms such as issue size, ratio, and record date. Additionally, the company approved an increase in its authorized share capital, subject to member approval.
Key Highlights
- Unaudited financial results for Q1 FY27 approved.
- Limited Review Report from auditors taken on record.
- Board approved a rights issue of equity shares.
- Fundraising target for the rights issue is up to ₹5 Crores.
- Authorized share capital increase approved.
Price Impact
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