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Board Meeting4 Nov 2026, 09:51 pm

Tavexia Lifecare Board Approves Un-audited Results, Fund Raising Proposal

AI Summary

Tavexia Lifecare Ltd announced that its Board of Directors, in a meeting held on November 4, 2026, approved the Un-Audited Financial Results (Standalone and consolidated) for the Quarter and half-year ended September 30, 2026. The Board also approved the Limited Review Report from M/s DEVAM & Associates LLP. Additionally, the company approved a proposal for raising funds up to ₹68 Crore for the proposed acquisition of 60% equity in Meyonex Pharmaceuticals Limited. The Board also approved the change of Registrar & Transfer Agent from Niche Technologies Pvt. Ltd to Skyline Financial Services Pvt. Ltd.

Key Highlights

  • Board approved Un-Audited Financial Results for Q2 FY27.
  • Approved proposal to raise up to ₹68 Crore for acquisition.
  • Approved change of Registrar & Transfer Agent to Skyline.
  • Reviewed statement of deviation on use of Right Issue proceeds.