Antariksh Industries Ltd. Schedules Board Meeting to Consider Preferential Issue of Equity Shares
Antariksh Industries Ltd. has scheduled a meeting of its Board of Directors to evaluate and consider proposals related to a preferential issue of equity shares. The board meeting is set for Friday, June 26, 2026.The primary focus of the gathering will be the evaluation of a proposal concerning the issuance of equity shares or any eligible securities, or a combination thereof, through a preferential allotment process. This initiative is subject to necessary statutory and regulatory approvals, as well as the requisite approval from the company members. The board will also approve all ancillary actions required in connection with this proposed issue.
In addition to reviewing the preferential issue proposal, the agenda includes steps necessary for obtaining shareholder consent. The directors are tasked with considering the convening of an extraordinary general meeting or a postal ballot to secure the shareholders' approval for the aforementioned item.
The board meeting will also address any other matters presented with the prior permission of the Chairman.
Stock Price Movement
Antariksh Industries Ltd settled at ₹6.64 on Tuesday, climbing 4.90% in post-market trading. The shares traded completely flat throughout the session, as the high and low were identical at that price point.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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