MoneyWorks4Me

Apar Industries informs about outcome of board meeting

30 Jun 2026 Evaluate
Apar Industries has informed that the board of directors of the Company (Board) at its meeting held today, June 30, 2026, has considered and approved the following resolutions: a proposal for raising of funds, by way of issue of equity shares / warrants / any convertible securities / any other securities, through a qualified institutions placement, rights issue, preferential allotment, or a combination thereof for an aggregate amount upto INR 2,500 Crores only, in accordance with the applicable law; and the notice to seek requisite shareholders’ approval through a postal ballot for aforesaid raising of funds through a qualified institutions placement, rights issue, preferential allotment, or a combination thereof, in accordance with applicable law. The fund raising shall be undertaken in accordance with the provisions of the Companies Act, 2013, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended from time to time, and other applicable laws, and shall be subject to the approval of the shareholders of the Company and requisite regulatory, lenders and statutory approvals, as may be required. Further, in continuation to earlier intimation SEC/2406/2026 dated June 24,2026, regarding closure of trading window, they informed that trading window for buying, selling, pledging, dealing, trading etc. in the securities of the Company shall remain closed till the completion of 48 hours after the declaration / publication of Unaudited Financial Results of the Company for the First quarter and Three Months period to be ended on June 30, 2026 (2026-27).

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
View more..