Board Meeting27 Aug 2026, 07:01 pm
Royal Cushion Vinyl Board Meeting on Sep 1 to Approve AGM, Merger Details
AI Summary
Royal Cushion Vinyl Products Ltd has announced a Board of Directors meeting scheduled for September 1, 2026. The meeting's agenda includes approving the date, time, venue, and notice for the 42nd Annual General Meeting (AGM) to be held on September 29, 2026. Additionally, the board will consider and approve the draft Directors' Report. A significant item on the agenda is the post-merger allotment of shares. This includes the proposed issue of 41,17,160 listed equity shares and 84,99,592 unlisted non-convertible redeemable preference shares to the members of Royal Spinwell and Developers Private Limited, following the National Company Law Tribunal's sanction of the merger scheme.
Key Highlights
- Board meeting scheduled for September 1, 2026.
- Agenda includes approving 42nd AGM details for September 29, 2026.
- Approval of Directors' Report is also on the agenda.
- Post-merger share allotment details to be considered.
- Includes allotment of equity and preference shares.
Price Impact
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