NewsCorporate ActionsSpan Divergent Ltd. Board Meeting Scheduled for January 23, 2026 to Consider Fund Raising and EGM ConveningSpan Divergent Ltd. Board Meeting Scheduled for January 23, 2026 to Consider Fund Raising and EGM Convening
Span Divergent Ltd. has scheduled a board meeting for January 23, 2026, to consider fund raising through preferential issue of equity shares and convening an EGM for shareholder approval. The company's trading window remains closed from January 01, 2026, for designated persons until 48 hours after declaring Q3 FY26 financial results, ensuring compliance with SEBI insider trading regulations.
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Span Divergent Ltd. (formerly Span Diagnostics Ltd.) has informed the Bombay Stock Exchange about an upcoming board meeting scheduled for January 23, 2026, to deliberate on significant corporate actions including fund raising proposals and shareholder meeting arrangements.
Board Meeting Agenda
The board of directors will convene on Friday, January 23, 2026, to consider and approve two primary agenda items that could impact the company's capital structure and governance processes.
| Agenda Item: | Details |
|---|---|
| Fund Raising Proposal: | Issue of equity shares through preferential issue on private placement basis or other permissible modes |
| EGM Convening: | Extraordinary General Meeting to seek shareholder approval for proposed businesses |
| Meeting Date: | January 23, 2026 (Friday) |
| Regulatory Compliance: | Under Regulation 29 of SEBI LODR Regulations, 2015 |
The fund raising proposal encompasses various options including preferential issue on private placement basis or any other permissible modes and combinations thereof, subject to required sanctions and approvals. The board will also evaluate the draft notice for the proposed EGM during this meeting.
Trading Window Restrictions
Span Divergent Ltd. has clarified the status of its trading window closure, which affects designated persons and their immediate relatives. The trading restrictions were implemented as part of the company's compliance with insider trading regulations.
| Parameter: | Details |
|---|---|
| Trading Window Status: | Closed |
| Effective Date: | January 01, 2026 |
| Applicable To: | All designated persons and immediate relatives |
| Closure Duration: | Until 48 hours after financial results declaration |
| Results Period: | Quarter ended December 31, 2025 |
| Regulatory Framework: | SEBI Prohibition of Insider Trading Regulations, 2015 |
The trading window closure aligns with the company's Code of Conduct for Prevention of Insider Trading, ensuring compliance with SEBI regulations during the period leading up to financial results announcement.
Corporate Information
Span Divergent Ltd., previously known as Span Diagnostics Ltd., operates from its headquarters in Surat, Gujarat. The company maintains its stock exchange listing under script code 524727 on the Bombay Stock Exchange and provides regular updates through its official website at www.span.in .
The notification was signed by Paras Desai, Wholtime Director and CFO (DIN 08293906), on January 20, 2026, demonstrating the company's commitment to timely regulatory compliance and transparent communication with stakeholders.
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