Corporate Action18 Sept 2026, 06:30 pm
Technojet Consultants to Issue 5 Lakh Equity Shares on Preferential Basis
AI Summary
Technojet Consultants Ltd announced that its Board of Directors has approved a preferential issue of up to 5,00,000 equity shares at Rs. 48 per share to non-promoter entities. The company also plans to increase its authorized share capital from Rs. 20 Lakhs to Rs. 70 Lakhs. An Extra-Ordinary General Meeting (EGM) is scheduled for October 30, 2026, to seek shareholder approval for these proposals. CS Nuren Nirmal Lodaya has been appointed as the scrutinizer for the EGM.
Key Highlights
- Board approves preferential issue of 5 lakh equity shares at Rs. 48 each.
- Authorized share capital to be increased from Rs. 20 Lakhs to Rs. 70 Lakhs.
- EGM scheduled for October 30, 2026, for shareholder approval.
- Appointment of CS Nuren Nirmal Lodaya as EGM scrutinizer.
- Issue is to persons other than promoters and promoter group.
Price Impact
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