Simran Farms Ltd. Announces Board Meeting and Share Allotment
Simran Farms Ltd. announced a board meeting scheduled for March 30, 2026, at the company's registered office in Indore, Madhya Pradesh. The meeting will address several key matters, including the allotment of equity shares and approval for a postal ballot.During the meeting, the Board will consider and approve the allotment of 10,18,300 equity shares with a face value of Rs. 10 each. This allotment follows the conversion of 10,18,300 share warrants, upon receipt of the remaining 75% of the consideration amount, to members of the promoter group and other non-promoter entities.
The Board will also approve the Notice of postal ballot, accompanied by an Explanatory Statement, e-voting instructions, and other particulars. The Company Secretary is authorized to manage the postal ballot and e-voting process.
Following the board meeting, a Trading Window for company securities will open 48 hours after its conclusion for designated persons, immediate relatives, and connected persons in accordance with the company’s code of conduct.
Source:
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.