Seshachal Technologies Board Approves Rs 41.8 Lakh Preferential Issue To Promoters

Board approved preferential issue of 55,000 shares at Rs 76 each aggregating Rs 41.8 lakh to 2 promoter-group allottees, subject to EGM approval on Oct 19, 2026. Promoter holding to rise to 38.73% from 33.87%; no change in control. Proceeds for long-term working capital and general purposes; needs special resolution and BSE nod. Public stake to dilute to 61.27% from 66.13% with 18-month lock-in. E-voting Oct 16-18; cut-off Oct 12. Allottees are related parties; floor price was Rs 75.02.