Span Divergent Ltd. Announces Preferential Issue of Equity Shares for Cash
Span Divergent Limited, a company based in Surat, Gujarat, has announced a preferential issue of equity shares for cash. The decision was made during an Extraordinary General Meeting (EGM) held on February 20, 2026, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The EGM commenced at 11:00 a.m. (IST) and concluded at 11:23 a.m. (IST). The meeting was held to transact the business set forth in the notice dated 23™ January, 2026. The Company had provided the facility of remote e-voting to the Members in respect of the resolution(s) proposed at the EGM. The voting results along with the Scrutinizer’s Report are available on the website of the Company at WWW.Span.in. The requisite disclosure pertaining to the issue of equity shares on a preferential basis is enclosed as Annexure — A.
Key Highlights
- Preferential Issue of Equity Shares for Cash
- 18,01,481 Equity Shares with a face value of Rs.10/- each at an issue price of Rs. 32.16/- per Equity Share
- Voting results available on the Company's website
- Issue price determined in accordance with the Chapter V of SEBI (ICDR) Regulations for consideration in cash
- Valuation report dated January 23, 2026 issued by Atharva Valuation (OPC) Private Limited