
Maximus International Board Meeting on Oct 10 to Approve Loan Conversion
Maximus International Ltd has announced a Board of Directors meeting scheduled for October 10, 2026. The primary agenda item is to consider and approve the conversion of outstanding loans into equity shares. This conversion is pursuant to the exercise of a conversion option by the Promoter, as per the Loan Agreement and a Special Resolution passed at the 10th Annual General Meeting on September 30, 2025. The company will also seek necessary in-principle approval from BSE Limited for this conversion. The proposal is subject to applicable laws and regulations, including the Companies Act, 2013, and SEBI Regulations.
Key Highlights
- Board meeting scheduled for October 10, 2026.
- To consider and approve conversion of outstanding loan to equity.
- Conversion is based on Promoter's exercise of option.
- Seeking in-principle approval from BSE for the conversion.
Price Impact
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