
Board Meeting18 Sept 2026, 06:20 pm
Oseaspre Consultants Approves Preferential Issue of 5 Lakh Shares
AI Summary
Oseaspre Consultants Ltd's Board of Directors, in a meeting held on September 18, 2026, approved a preferential issue of up to 5,00,000 equity shares at ₹48 per share, subject to shareholder approval. The company also proposed to increase its authorized share capital from ₹20,00,000 to ₹70,00,000. An Extra-Ordinary General Meeting (EGM) is scheduled for October 30, 2026, to seek shareholder consent for these proposals. CS Nuren Nirmal Lodaya was appointed as the scrutinizer for the EGM.
Key Highlights
- Board approves preferential issue of 5 lakh equity shares at ₹48 each.
- Authorized share capital to be increased from ₹20 Lakhs to ₹70 Lakhs.
- EGM scheduled for October 30, 2026, for shareholder approval.
- Appointment of CS Nuren Nirmal Lodaya as EGM scrutinizer.
- Issue is to persons other than promoters and promoter group.
Price Impact
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