Beryl Securities Approves Preferential Issue of Shares Worth INR 2.98 Crore
Beryl Securities Ltd has announced key outcomes from its Board meeting held on Tuesday, July 28, 2026. The company approved a preferential issue of equity shares targeted at Promoters and Public shareholders.The Board considered and approved the issuance of 1,295,635 Equity Shares, with a face value of INR 10/- each. These shares were issued for cash consideration at an issue price of INR 23/-, which included a premium of INR 13/- per share. The total cash consideration aggregated to INR 2,97,99,605/-.
The board had previously taken note of the Valuation Report dated July 27, 2026, issued by Mr. Sandeep Agrawal, a Registered Valuer, which determined the issue price for the equity shares proposed in the preferential issuance. The Board also approved Friday, July 24, 2026, as the Relevant date for calculating the issue price regarding the preferred allotment.
Key Details of Preferential Allotment
The total allotted securities amount to a maximum of 1,295,635 Equity Shares. The allotment distribution includes both Promoter and Public categories.| Particulars | Details |
|---|---|
| Type of Securities Issued | Equity Shares (Preferential Issue) |
| Total Maximum Shares | 1,295,635 |
| Issue Price | INR 23/- per share (including premium) |
| Face Value | INR 10/- per share |
| Total Consideration Amount | INR 2,97,99,605/- |
AGM and Operational Appointments
In addition to the issuance, the Board of Directors took several other resolutions. The company approved the draft notice for the upcoming 32nd Annual General Meeting (AGM), which is scheduled for Tuesday, August 25, 2026.The Board also appointed Mrs. Dipika Kataria (Membership No: 8078) as the Scrutinizer to manage and scrutinize the remote e-voting process at the AGM.
Calendar of Events
A specific calendar of events has been set for shareholders regarding the AGM and E-Voting processes.| Event | Date / Timeline |
|---|---|
| Date of BENPOS for notice dispatch | Friday, July 24, 2026 |
| Date of completion of notice dispatch | Thursday, July 30, 2026 |
| Cutoff date for E-Voting | Tuesday, August 18, 2026 |
| Voting Start Date & Time | Saturday, August 22, 2026 at 9:00 AM. |
| Voting End Date & Time | Monday, August 24, 2026 (5:00 PM.) |
| AGM Date and Time | Tuesday, August 25, 2026 at 02:00 P.M. |
Stock Price Movement
Beryl Securities Ltd settled on Tuesday at ₹33.40 after shares declined 4.35%. The stock traded intraday, moving between a low of ₹33.18 and a high of ₹36.60.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.