Pramara Promotions Limited Adjourns Board Meeting to Approve Preferential Fundraise
Pramara Promotions Limited announced the adjournment of its Board of Directors meeting, originally scheduled for April 20, 2026. The meeting, which had partially completed its agenda items, was moved to Tuesday, April 21, 2026.The Board meeting commenced on April 20, 2026, at 08:30 p.m. and concluded at 09.00 p.m. Due to the partial completion of the agenda, the meeting was adjourned to the following day.
The primary purpose of the adjourned Board meeting on April 21, 2026, is multifaceted. Directors are set to consider, evaluate, and approve a proposal aimed at raising funds. This funding will be raised through the issuance of equity shares and/or other securities of the company by way of a preferential issue. Furthermore, the board will also consider the convenience of convening an extra-ordinary general meeting or a postal ballot.
PRAMARA Stock Price Movement
On Monday, Pramara Promotions Limited shares slipped by 2.78% to settle at ₹352.5, marking a significant decline in value. The stock saw aggressive selling throughout the session, concluding the day with a total traded volume of 225,000 shares.Source:
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