Som Distilleries Board Approves AGM Notice, Annual Report, and Preferential Issue
Som Distilleries & Breweries Ltd held a board meeting on September 5, 2026, approving key documents for the upcoming 33rd Annual General Meeting (AGM) scheduled for September 29, 2026. The board approved the AGM notice, the Annual Report for FY 2025-26, and the Directors' Report for the year ended March 31, 2026. Additionally, the company announced the book closure dates from September 23 to September 29, 2026, for the AGM. A significant decision was the approval of a preferential issue of up to 32,12,955 convertible equity warrants to promoter Mr. Deepak Arora, at an issue price of ₹77.81 per warrant, for an aggregate consideration of up to ₹25,00,00,028.55. The re-appointment of Mr. Rajat Batra as Director was also approved, subject to member approval.
Key Highlights
- Board approved notice and annual report for 33rd AGM.
- Book closure set from Sept 23-29, 2026, for AGM.
- Director Mr. Rajat Batra's re-appointment approved.
- Preferential issue of warrants to promoter approved.
- Warrants issued at ₹77.81 each for ₹25 Cr total.
Price Impact
More from SDBL