Board Meeting13 Aug 2026, 08:10 pm
Wheels India Board to Meet August 19 for Fund Raising Approval
AI Summary
Wheels India Ltd has announced that its Board of Directors will convene on August 19, 2026. The primary agenda items include considering and approving a proposal for raising funds through a preferential allotment of equity shares. Additionally, the board will fix the date, time, and place for an Extra Ordinary General Meeting (EGM) to seek shareholder approval for this preferential allotment. The company will adhere to all regulatory and statutory requirements for the fund-raising exercise. Details of the meeting notice will be available on the company's website and stock exchange platforms.
Key Highlights
- Board meeting scheduled for August 19, 2026.
- Proposal to raise funds via preferential equity share issue.
- EGM to be convened for shareholder approval of the allotment.
- Regulatory and statutory approvals will be sought.
Price Impact
More from WHEELS