AGM/EGM22 Sept 2026, 04:12 pm
Rossell Techsys EGM to approve ₹300 Cr preferential issue
AI Summary
Rossell Techsys Ltd has announced an Extraordinary General Meeting (EGM) to be held on Thursday, October 15, 2026, at 10:30 A.M. via Video Conferencing. The primary agenda for the EGM is to seek members' approval for a special resolution concerning the issuance, offer, and allotment of 2,572,898 fully paid-up equity shares through a preferential issue. Each share will have a face value of ₹2 and will be issued at a price of ₹1,166, totaling approximately ₹300 crore. The company has also provided details for remote e-voting, which will commence on October 12, 2026, and conclude on October 14, 2026.
Key Highlights
- EGM on Oct 15, 2026, to approve preferential issue.
- Proposes to issue 2.57 million equity shares.
- Shares priced at ₹1,166 each.
- Total issue value approximately ₹300 crore.
- E-voting period: Oct 12-14, 2026.
Price Impact
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