StockWatch
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Other Telecom Services
Board Meeting22 Jun 2026, 03:48 pm

Steelman Telecom Board Meeting on June 29 to Consider Fund Raising

AI Summary

Steelman Telecom Ltd has announced a Board of Directors meeting scheduled for June 29, 2026. The primary agenda items include considering and approving proposals for raising funds up to ₹50 Crores through the issuance of Equity/Convertible Warrants or other convertible securities on a preferential basis. The company also plans to convene an Extra Ordinary General Meeting (EGM), approve its notice, and set the cut-off dates for member registration. Additionally, the appointment of a scrutinizer for the EGM voting will be considered. The trading window for designated persons will be closed from June 22, 2026, until 48 hours after the board meeting concludes.

Key Highlights

  • Board meeting scheduled for June 29, 2026.
  • To consider raising up to ₹50 Crores via preferential issue.
  • EGM to be convened for shareholder approval.
  • Trading window closure announced for designated persons.