StockWatch
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Other Construction Materials
AGM/EGM14 Oct 2026, 08:10 pm

Shiva Granito Export Ltd to hold EGM on Nov 5, 2026

AI Summary

Shiva Granito Export Limited has announced an Extra-Ordinary General Meeting (EGM) to be held on Thursday, November 05, 2026, at 11:30 A.M. at its registered office in Udaipur. The primary agenda item is the issuance of up to 54,50,000 equity shares on a preferential basis to non-promoter group allottees. The issue price is set at ₹10.50 per share, with a face value of ₹10, aggregating up to ₹5,72,25,000 (₹57.22 Crore). The company is also providing a remote e-voting facility for shareholders, with the voting period commencing on Monday, November 02, 2026, and concluding on Wednesday, November 04, 2026. The notice and explanatory statement are available on the company's website.

Key Highlights

  • EGM scheduled for November 5, 2026, to discuss preferential share issuance.
  • Company plans to issue 54.50 Lakh equity shares at ₹10.50 each.
  • Total funds to be raised amount to ₹57.22 Crore.
  • Remote e-voting facility available for shareholders.
  • Proposed issuance is to non-promoter group allottees.