03-Jul-2026 13:33:45
APARINDSGeneral news
APAR INDUSTRIES : SEEKS SHAREHOLDER APPROVAL FOR EXTRA ORDINARY GENERAL MEETING TO RAISE FUNDS
• Board rescinds prior decision to seek shareholder approval via postal ballot for fundraising. • Board to convene EGM to seek shareholder approval for fundraising via qualified institutions placement, rights issue, preferential allotment, or a combination. • Board resolution passed on July 3, 2026 supersedes resolution from June 30, 2026 regarding matters stated above. • Approval from Board of Directors received at 1:15 p.m. (IST). • Information available on company website www.apar.com. Impact: Neutral (Procedural update regarding mode of seeking shareholder approval for fundraising)
Apar Industries Ltd
Open attachment