
Board Meeting5 Sept 2026, 06:10 pm
P.M. Telelinnks Ltd Board Approves Capital Increase & Preferential Issue
AI Summary
P.M. Telelinnks Ltd announced outcomes from its Board Meeting held on September 5, 2026. The board approved a significant increase in authorized share capital from ₹12 crore to ₹27 crore, subject to shareholder approval. Additionally, they approved a preferential issue of up to 1.5 crore equity shares at ₹10 per share, aggregating up to ₹15 crore, to non-promoter allottees. The company also approved the appointment of Mr. Manish Manvani as a Registered Valuer and Corporate Makers Capital Limited as a Merchant Banker for the preferential issue. The notice for the 46th Annual General Meeting, including resolutions for these proposals, was also approved.
Key Highlights
- Board approved increase in authorized share capital to ₹27 crore.
- Approved preferential issue of 1.5 crore shares at ₹10 each.
- Appointed Registered Valuer and Merchant Banker for the issue.
- Notice for 46th AGM approved, including capital and issue resolutions.
- All approvals are subject to shareholder and regulatory consent.
Price Impact
More from PMTELELIN