Deccan Cements Ltd. to Hold Board Meeting to Consider NCD and CCD Issuance
Deccan Cements Ltd. announced that a meeting of its Board of Directors is scheduled for Thursday, May 14, 2026, at the company's registered office. The board meeting is set to consider major corporate proposals related to fundraising and seeking shareholder approval for the issuance of new debt instruments.During the meeting, the directors are slated to review and discuss the proposal for raising capital through the issuance of Non-Convertible Debentures (NCDs) and/or Compulsorily Convertible Debentures (CCDs). These instruments are proposed to be issued on a private placement basis.
Furthermore, the meeting aims to approve the draft Postal Ballot Notice. This notice is critical for obtaining the consent of the company's shareholders via Special Resolution(s) for the proposed issue of NCDs and/or CCDs.
In related market updates, the company confirmed that the trading window was closed from April 1, 2026, until May 31, 2026.
DECCANCE Stock Price Movement
Shares of Deccan Cements Limited are slipping by 0.37% in live trading, currently trading at ₹644 as of 1:49 PM today. Trading volume is tracking at 7,979 shares, indicating moderate activity through the current session.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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