StockWatch
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Trading & Distributors
Board Meeting30 Jul 2026, 03:05 pm

Shashank Traders Approves Unaudited Results & Preferential Issue

AI Summary

Shashank Traders Ltd's Board of Directors met on July 30, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The company also approved a preferential issue of 75,000 equity shares at ₹34.10 per share, raising ₹25.57 Lakhs. The Board further approved convening the Annual General Meeting (AGM) on September 7, 2026, via Video Conferencing to seek shareholder approval for these matters. Mr. Sudhansu Sekhar Panigrahi was appointed as Scrutinizer for the e-voting process.

Key Highlights

  • Approved unaudited financial results for Q1 FY27.
  • Approved preferential issue of 75,000 shares at ₹34.10 each.
  • Raised ₹25.57 Lakhs via preferential issue.
  • AGM scheduled for September 7, 2026, via VC/OAVM.
  • Appointed Scrutinizer for e-voting process.