Board Meeting21 Aug 2026, 03:04 pm
Sattrix Information Security Board Meeting on Aug 26 to Discuss IPO Proceeds Use
AI Summary
Sattrix Information Security Ltd has announced a Board of Directors meeting scheduled for August 26, 2026. The agenda includes considering and approving the utilization of unutilized IPO proceeds for acquiring fixed assets, such as new office premises. The board will also discuss and approve an Employee Stock Option Plan (ESOP), recommend the re-appointment of two directors, and review the Directors' Report for FY 2025-26. Additionally, the meeting will cover the notice for the 13th Annual General Meeting (AGM), appointment of a scrutinizer, fixing the book closure and e-voting dates, and approving related party transactions.
Key Highlights
- Board meeting scheduled for August 26, 2026.
- Consideration of IPO proceeds utilization for asset acquisition.
- Approval of Employee Stock Option Plan (ESOP) is on the agenda.
- Director re-appointments and FY26 Directors' Report to be discussed.
- Preparation for the 13th Annual General Meeting.
Price Impact
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