Board Meeting7 Sept 2026, 06:30 pm
Srigee DLM Ltd: Board Approves IPO Fund Reallocation & 21st AGM Details
AI Summary
Srigee DLM Ltd's Board of Directors met on September 7, 2026, approving the Board's Report for FY26. A significant decision was the reallocation of ₹424.40 Lakhs from IPO proceeds initially designated for machinery acquisition towards setting up a manufacturing facility in Greater Noida. This reallocation is subject to shareholder approval at the 21st AGM. The Board also finalized the date for the 21st AGM as September 30, 2026, and set September 4, 2026, as the cut-off date for the Annual Report dispatch. E-voting dates were set from September 26 to September 29, 2026, with Mr. Himanshu Surendrakumar Gupta appointed as scrutinizer.
Key Highlights
- IPO proceeds of ₹424.40 Lakhs reallocated for manufacturing facility.
- 21st AGM scheduled for September 30, 2026.
- Cut-off date for Annual Report dispatch set as September 4, 2026.
- E-voting period: September 26-29, 2026.
- Board's Report for FY26 approved.
Price Impact
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