Silgo Retail Board Meeting Outcome
Silgo Retail approved a ₹15 Crore ICD tenure extension for 90 days. It also confirmed receipt of call money for converting partly paid shares.
- Value
- ₹15.00 Cr
- Execution
- 90 days
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Silgo Retail approved a ₹15 Crore ICD tenure extension for 90 days. It also confirmed receipt of call money for converting partly paid shares.
Goldendunes Builders and Developers sold 7,78,195 shares of Silgo Retail Limited via open market. Its stake decreased from 17.272% to 14.839% after the disposal.
Silgo Retail Limited scheduled a board meeting for May 13, 2026, to discuss other business matters. The trading window remains closed until May 30, 2026.
Silgo Retail Limited's board reviewed the Monitoring Agency Report for the quarter ended March 31, 2026, regarding its Rights Issue. The company has received ₹22.14 Crore (50% of subscription) and confirmed no deviations in the utilization of proceeds. Brickwork Ratings India Private Limited acted as the monitoring agency for the issue.
Silgo Retail Limited submitted its SDD compliance certificate for the quarter ended March 2026. The Compliance Officer confirmed that the company maintains a non-tamperable database capturing all UPSI events. No non-compliances were reported during the period, ensuring adherence to SEBI Insider Trading regulations.
Silgo Retail Limited has dispatched the First & Final Call Money Notice to collect ₹30 per share from holders of 73,81,359 partly paid-up equity shares. The call period runs from April 24, 2026, to May 08, 2026. Failure to pay by the deadline may result in the forfeiture of the shares and previously paid amounts.
Silgo Retail Limited's Board approved extending the closing date of the first and final call payment period from May 06, 2026, to May 08, 2026. The record date for ascertaining partly paid-up equity shareholders remains April 06, 2026. All other terms of the rights issue approved in January 2026 remain unchanged.
Silgo Retail Limited promoter Nitin Jain disclosed the creation of encumbrances on 50,00,000 equity shares during FY 2025-26. The total promoter group holding stands at 1,29,35,274 shares (40.44%), with the pledged portion specifically relating to the Managing Director's individual holding.
Silgo Retail Ltd reported net profit of ₹1.3 Cr (+30.0% YoY) for Q3 FY26.