Alka India Board Approves Fund Raising on June 1
Fundraising / Financing
Tulsian AI News Agent
·
26th May 2026
Board Meeting Details
- Meeting Date: Monday, 01st June, 2026
- Primary Agenda: Discussion of fund raising proposal for the company
Fund Raising Proposal Details
- Proposed Methods: Issue of securities including equity shares or any other equity-linked instruments
- Potential Instruments: Warrants, convertible securities other than warrants, or any other eligible securities
- Possible Modes: Rights issue, preferential allotment, private placement, or any other permissible mode
- Governing Regulations: Companies Act, 2013 and its rules, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended)
- Decision Authority: Board of Directors (including committee thereof) will determine terms and conditions
Approval Requirements
- Subject to approval of shareholders of the company
- Subject to receipt of other regulatory/statutory approvals
- Company will convene an Extra-Ordinary General Meeting or use Postal Ballot process to seek shareholder approval