
Board Meeting24 Aug 2026, 08:11 pm
Sunshine Capital Board Meeting on Aug 27 to Consider Share Consolidation
AI Summary
Sunshine Capital Ltd has announced a Board of Directors meeting scheduled for August 27, 2026. The primary agenda items include considering and approving a proposal to consolidate existing equity shares of face value ₹1 into shares with a face value of ₹10. This consolidation is subject to shareholder approval at the upcoming Annual General Meeting and other necessary statutory/regulatory approvals. The board will also consider consequential alterations to the company's Memorandum of Association. A record date for determining shareholder eligibility for the consolidation will be fixed and intimated separately.
Key Highlights
- Board meeting scheduled for August 27, 2026.
- Proposal to consolidate equity shares from ₹1 to ₹10 face value.
- Shareholder approval required for consolidation and MOA alteration.
- Record date for consolidation to be fixed later.
Price Impact
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