StockWatch
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Software Products
Board Meeting19 Sept 2026, 06:50 pm

Seshachal Technologies to Raise ₹41.8 Lakhs via Preferential Issue

AI Summary

Seshachal Technologies Ltd announced a preferential issue of up to 55,000 equity shares at ₹76 per share, aiming to raise ₹41.80 lakhs. The company's Board of Directors approved this move, subject to shareholder and regulatory approvals. An Extra-Ordinary General Meeting (EGM) is scheduled for October 19, 2026, to seek member approval via a special resolution. CS Himanshu Togadiya has been appointed as the scrutinizer for the e-voting process. The trading window for securities will reopen 48 hours after the dissemination of this outcome.

Key Highlights

  • Company plans preferential issue of 55,000 equity shares.
  • Targeting to raise ₹41.80 lakhs at ₹76 per share.
  • EGM scheduled for October 19, 2026, for shareholder approval.
  • CS Himanshu Togadiya appointed as e-voting scrutinizer.
  • Trading window to reopen post-announcement dissemination.