MosChip to hold EGM on Nov 25, 2026 for preferential issue

Moschip Technologies Ltd has announced an Extraordinary General Meeting (EGM) scheduled for November 25, 2026, at 9:00 AM IST, to be conducted via Video Conferencing/Other Audio Visual Means. The primary agenda is the approval for the issuance of 50,50,686 equity shares on a preferential basis, for a consideration other than cash. These shares will be issued at ₹222.14 per share, aggregating to ₹112,19,59,388 (₹112.19 Crore), as part of the acquisition of 73% shareholding in Vayavya Labs Private Limited. The cut-off date for e-voting eligibility is November 18, 2026, with remote e-voting commencing on November 22 and concluding on November 24, 2026.