
Board Meeting13 Nov 2026, 07:25 pm
SML Mahindra Board Meeting Rescheduled to Nov 16 for Rights Issue
AI Summary
SML Mahindra Ltd has rescheduled its Board of Directors meeting from November 13, 2026, to November 16, 2026. The meeting will inter alia consider and approve matters related to a Rights Issue. Key decisions will include determining the issue price, rights entitlement ratio, approving the letter of offer, and fixing the record date for eligible shareholders. This rescheduling is due to unavoidable circumstances. The company will proceed upon receiving in-principle approval from stock exchanges and other required regulatory authorities.
Key Highlights
- Board meeting rescheduled to November 16, 2026.
- Meeting to approve matters related to a Rights Issue.
- Key decisions include issue price and record date.
- Approval from stock exchanges is pending.
Price Impact
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