Ontic Finserve Limited to Hold Board Meeting to Approve Q1 Results and Consider Share Capital Reduction
Ontic Finserve Limited has scheduled a Board of Directors meeting for Thursday, July 16, 2026, at its Registered Office. The meeting agenda includes critical corporate matters, including the review and approval of the company's financial performance and the consideration of a major capital structure proposal.Key items slated for discussion include taking on record the Un-Audited Standalone Financial Results for the quarter ended June 30, 2026, alongside a Limited Review Report. Furthermore, the Board is set to consider and approve the proposal regarding the Reduction of Share Capital, a move that is subject to various statutory approvals from shareholders, stock exchanges, regulatory authorities, and the National Company Law Tribunal (NCLT), as necessary.
The meeting will also focus on fixing the date, time, and venue for the forthcoming General Meeting of the company's Members, alongside approving the notice of that general meeting. Additionally, the Board will appoint a Scrutinizer to conduct the E-voting process at the member meeting.
In compliance with insider trading regulations, the company had closed its trading window for all designated persons and connected individuals starting Wednesday, July 01, 2026. The trading window is set to reopen after a period of 48 hours following the declaration of results or the submission of outcomes from the Board Meeting.
LTM Stock Price Movement
On Friday, shares of LTM Limited surged, settling at ₹4037.2 after delivering a robust 5.33% gain. The stock traded on high volume, with total trading activity reaching 1.02 million shares during the previous market 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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