AGM/EGM12 May 2026, 04:05 pm
Porwal Auto EGM to Approve Preferential Issue of 17.54 Lakh Shares
AI Summary
Porwal Auto Components Ltd. has announced an Extra Ordinary General Meeting (EGM) to be held on June 05, 2026, via video conference, to seek approval for the issuance and allotment of up to 17,54,384 equity shares on a preferential basis. The EGM notice details the special business of approving the preferential issue, with e-voting commencing on June 02, 2026, and ending on June 04, 2026. The shares have a face value of ₹10 each and will be offered at a price of ₹57.00 per share.
Key Highlights
- Porwal Auto EGM on June 05, 2026, to approve preferential issue.
- Up to 17,54,384 equity shares to be issued on a preferential basis.
- Face value of shares is ₹10 each, offered at ₹57.00 per share.
- E-voting starts June 02, 2026, and ends June 04, 2026.
- Meeting will be held via video conference.
Price Impact
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