National Oxygen Ltd

National Oxygen Board Meeting Outcome

National Oxygen Ltd announced the outcome of its board meeting held on August 4, 2026. Key items include convening the 51st AGM and adopting new MOA/AOA.

National Oxygen Board Meeting Outcome

National Oxygen Ltd's board approved increasing the authorized share capital to ₹18.10 Crore and a preferential allotment of 9,50,000 equity shares. The issue, valued at ₹8.91 Crore, is priced at ₹93.80 per share and will be made to the promoter group entity, Saraf Housing Development Private Limited, subject to shareholder approval at an EGM on May 28, 2026.

Value

₹8.91 Cr

National Oxygen Board Meeting Outcome

National Oxygen Limited has scheduled a Board Meeting on April 29, 2026, to consider a preferential issue of up to 9,50,000 equity shares. The board will also approve the valuation report and the notice for an ensuing Extra-Ordinary General Meeting (EGM).