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Board Meeting5 Oct 2026, 03:18 pm

Shivam Autotech Ltd Board Meeting on Oct 8 to Approve Rights Issue Terms

AI Summary

Shivam Autotech Ltd has scheduled a Board of Directors meeting for October 8, 2026, to consider and approve key terms for a proposed Rights Issue. This follows a previous board meeting on July 1, 2026, where the fund-raising via equity shares through a Rights Issue was approved. The upcoming meeting will focus on pricing, entitlement ratio, schedule, and the Letter of Offer. The trading window for company securities is currently closed from October 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter and half-year ended September 30, 2026.

Key Highlights

  • Board meeting scheduled for October 8, 2026.
  • To consider and approve Rights Issue pricing and terms.
  • Letter of Offer and Record Date to be finalized.
  • Trading window closed due to financial results announcement.