StockWatch
·
Industrial Products
Board Meeting2 Sept 2026, 08:01 pm

Arigato Universe Ltd to raise ₹24 Cr via preferential issue

AI Summary

Arigato Universe Ltd announced that its Board of Directors, in a meeting held on September 2, 2026, approved a preferential issue to raise up to ₹24 Crores by allotting 1.5 Crore equity shares at ₹16 per share. The company also approved amendments to its Memorandum of Association, the draft of an Offer Letter, and the opening of a separate bank account for the preferential issue. Additionally, the Board fixed September 29, 2026, as the date for the Annual General Meeting (AGM) and appointed a scrutinizer and e-voting facilitator for the AGM. The appointment of M/s. Ojha Agrawal & Associates as Statutory Auditors for five years was also recommended, subject to member approval.

Key Highlights

  • Board approved preferential issue to raise ₹24 Crores.
  • 1.5 Crore equity shares to be issued at ₹16 per share.
  • AGM scheduled for September 29, 2026.
  • Recommended appointment of new Statutory Auditors for 5 years.
  • Approved amendments to Memorandum of Association.