Board Meeting Details
A meeting of the Board of Directors is scheduled to be held on Tuesday, September 08, 2026. The primary agenda item is to consider and approve a proposal for raising funds.
Fundraising Proposal Details
The Company proposes to raise funds through:
- Offer, issue and allotment of Equity Shares of face value of ₹10 each
- Potential allottees include proposed recipients through preferential issue and private placement
- Consideration may include cash and/or consideration other than cash (specifically mentioned as share swap)
- Fundraising may occur in one or more tranches
- Specific details including Issue Price, Number of Shares, and other relevant terms are to be determined
Approvals Required
The proposal is subject to:
- Applicable laws
- Approval of shareholders of the Company
- Government/Regulatory/Statutory approvals as may be applicable
Trading Window Closure
In accordance with the Company's "Code of Conduct for Monitoring and Prevention of Insider Trading" under SEBI (Prohibition of Insider Trading) Regulations, 2015:
- Trading Window for dealing in Equity Shares remains closed for all Designated Persons and their immediate relatives
- Closure period: From September 03, 2026 (date of notice) until 48 hours after the conclusion of the Board Meeting
Additional Information
The disclosure will be made available on the Company's website at: https://systematicindustries.com/