Board Meeting7 Sept 2026, 07:41 pm
Tandhan Industries Ltd Board Approves Share Capital Increase & Preferential Issue
AI Summary
Tandhan Industries Ltd announced board approval for a significant increase in authorized share capital from ₹60 Crore to ₹65 Crore. The board also approved a preferential issue of up to 63,99,720 fully convertible warrants at ₹81 per warrant to promoters. Additionally, the company will recommend a dividend of ₹0.01 per equity share for FY26, subject to shareholder approval at the upcoming AGM. The AGM is scheduled for September 30, 2025, with book closure from September 24-30, 2026, and September 23, 2026, as the record date.
Key Highlights
- Authorized share capital increased from ₹60 Cr to ₹65 Cr.
- Approval for preferential issue of 63,99,720 warrants at ₹81 each.
- Recommended dividend of ₹0.01 per share for FY26.
- 42nd AGM scheduled for September 30, 2025.
- Book closure from September 24-30, 2026; record date September 23, 2026.
Price Impact
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