StockWatch
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Residential- Commercial Projects
Board Meeting30 Sept 2026, 05:10 pm

Mega Nirman Board Meeting on Oct 7 to Consider Fund Raising

AI Summary

Mega Nirman and Industries Ltd has announced a Board of Directors meeting scheduled for October 7, 2026. The primary agenda items include considering and approving proposals for raising funds through various permissible securities, such as equity shares or convertible instruments. The company also plans to seek shareholder approval for this fund-raising initiative and to regularize the appointment of directors appointed on August 11, 2026. The trading window for the company's securities will remain closed from October 1, 2026, until 48 hours after the declaration of the Unaudited Financial Results for the quarter ended September 30, 2026, or the outcome of the board meeting, whichever is later.

Key Highlights

  • Board meeting scheduled for October 7, 2026.
  • To consider and approve fund-raising via equity or convertible instruments.
  • Seeking shareholder approval for fund-raising and director appointments.
  • Trading window closed from October 1, 2026, until results/meeting outcome.