StockWatch
·
Industrial Products
Board Meeting15 May 2026, 11:35 am

L. T. Elevator Board Meeting on May 20, 2026 to Consider Fund Raising

AI Summary

L. T. Elevator Ltd has scheduled a Board of Directors meeting on May 20, 2026, to consider and approve proposals for fund raising. The fund raising may involve issuing equity shares, equity-linked instruments, convertible preference shares, warrants, or other eligible securities through private placement, QIPs, public issue, or other permissible modes. The trading window for dealing in the company's securities will be closed from May 15, 2026, until 48 hours after the board meeting's conclusion.

Key Highlights

  • Board meeting scheduled for May 20, 2026, to consider fund raising.
  • Fund raising may involve equity shares, equity-linked instruments, or other securities.
  • Options for fund raising include private placement, QIPs, or public issue.
  • Trading window closed from May 15, 2026, until 48 hours after the board meeting.
  • Designated persons are advised not to deal in the company's securities during the closure period.