NewsCorporate ActionsMohite Industries Limited Board Meeting Scheduled for January 14, 2026 to Consider NCD Fund RaisingMohite Industries Limited Board Meeting Scheduled for January 14, 2026 to Consider NCD Fund Raising
Mohite Industries Limited has scheduled a board meeting for January 14, 2026, to consider fund raising through Non-Convertible Debentures on private placement basis, primarily for refinancing existing debt. The company has closed its trading window from January 1, 2026, for designated persons in compliance with insider trading regulations. The announcement was made to BSE Limited on January 7, 2026, following SEBI listing regulation requirements.
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Mohite Industries Limited has announced a board meeting scheduled for January 14, 2026, to deliberate on a significant fund raising proposal. The company communicated this development to BSE Limited on January 7, 2026, in compliance with regulatory requirements.
Board Meeting Details
The board meeting has been convened to consider and approve a proposal for fund raising through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The meeting details are outlined below:
| Parameter: | Details |
|---|---|
| Meeting Date: | Wednesday, January 14, 2026 |
| Purpose: | Fund raising via NCDs |
| Issue Type: | Private Placement |
| Primary Objective: | Refinancing existing debt |
| BSE Scrip Code: | 532140 |
Fund Raising Purpose
The proposed NCD issuance is primarily intended for refinancing the company's existing debt obligations. This strategic move indicates the company's focus on optimizing its debt structure and potentially improving its financial position through better financing terms.
Trading Window Closure
In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, Mohite Industries Limited has implemented a trading window closure. The key aspects of this compliance measure include:
- Effective Date: January 1, 2026
- Applicable To: Designated persons and their immediate relatives
- Regulatory Framework: SEBI insider trading regulations and company's code of conduct
- Purpose: Prevent insider trading during the consideration of material information
Regulatory Compliance
The announcement was made pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. This regulation mandates listed companies to provide prior intimation of board meetings where material matters will be considered. The communication was signed by Shivaji Mohite, Managing Director (DIN-00425441), ensuring proper authorization and compliance with corporate governance norms.
The company has requested BSE Limited to take the compliance information on record, demonstrating its commitment to maintaining transparency and adhering to regulatory requirements in its corporate actions.
Historical Stock Returns for Mohite Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.85% | -3.53% | -22.88% | +12.81% | -95.32% | -66.91% |
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