Shipwaves Online Limited has intimated the postponement of its Board Meeting originally scheduled for 27th August 2026. The meeting has been rescheduled to Tuesday, 1st September 2026 due to unavoidable circumstances.
The primary agenda of the Board Meeting remains unchanged. It is scheduled to consider and approve a proposal for raising funds through the issuance of securities. The company has specified that this could be accomplished through one or more instruments, potentially including a Preferential Issue, Rights Issue, or any other mode deemed appropriate.
Concurrently, the company has implemented a closed trading window for designated persons and their immediate relatives in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal Code of Conduct. This closure became effective on Monday, 24th August 2026 and will remain in effect until 48 hours after the declaration of the outcome of the rescheduled Board Meeting.
The disclosure is signed by Maithri K B, Company Secretary & Compliance Officer (Membership No.: A80650), and is addressed to BSE Limited's Listing Department.
Financial Impact
Financial impact is pending board approval and subject to the specific fund-raising method ultimately selected. The disclosure does not quantify the potential fund-raising amount.