News Corporate Actions Steelco Gujarat Limited Schedules Board Meeting on January 13, 2026 for Rights Issue ApprovalSteelco Gujarat Limited Schedules Board Meeting on January 13, 2026 for Rights Issue Approval
Steelco Gujarat Limited has scheduled a board meeting for January 13, 2026, to approve the Letter of Offer for equity shares issuance through rights issue, complying with Companies Act 2013, SEBI LODR, and ICDR regulations 2025. The company has implemented trading window closure from January 1, 2026, until 48 hours after December 31, 2025 quarterly results publication.
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Steelco Gujarat Limited has announced a board meeting scheduled for January 13, 2026, to deliberate on a significant corporate action involving equity shares issuance through rights issue. The company communicated this development to BSE Limited on January 8, 2026, ensuring compliance with regulatory disclosure requirements.
Board Meeting Agenda
The primary focus of the upcoming board meeting centers on the consideration and approval of the Letter of Offer for equity shares issuance. The company has structured this initiative to align with multiple regulatory frameworks and compliance standards.
| Meeting Details: | Information |
|---|---|
| Date: | January 13, 2026 |
| Purpose: | Letter of Offer approval for rights issue |
| Regulatory Framework: | Companies Act 2013, LODR, ICDR 2025 |
| Communication Date: | January 8, 2026 |
Regulatory Compliance Framework
The proposed rights issue will operate under comprehensive regulatory oversight, ensuring adherence to established legal and procedural requirements. The company has identified specific regulatory provisions that will govern this equity issuance process.
Key regulatory compliance areas include:
- Companies Act 2013 provisions for equity share issuance
- SEBI Listing Obligations and Disclosure Requirements (LODR) regulations
- SEBI Issue of Capital and Disclosure Requirements (ICDR) Regulations 2025
- Additional applicable laws and amendments
Trading Window Restrictions
Steelco Gujarat Limited has implemented trading window closure measures in accordance with insider trading prevention protocols. The company has notified designated persons about these restrictions to maintain market integrity and regulatory compliance.
| Trading Window Details: | Timeline |
|---|---|
| Closure Start Date: | January 1, 2026 |
| Closure End: | 48 hours after Q3 FY26 results publication |
| Applicable Regulation: | SEBI Prohibition of Insider Trading Regulations 2015 |
| Results Period: | Quarter ended December 31, 2025 |
Corporate Communication
The company has fulfilled its disclosure obligations by informing BSE Limited about the scheduled board meeting under Regulation 29 of SEBI LODR regulations. This communication demonstrates the company's commitment to transparent corporate governance and timely stakeholder information sharing.
Bhavisha Dubber, Company Secretary and Compliance Officer, signed the official communication, ensuring proper authorization and regulatory compliance for this significant corporate development.
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