TANFAC Industries Ltd

📅 TANFAC Industries Announces EGM on Feb 23, 2026: Stock Split & Fundraising Plans

- Proposal to subdivide each existing equity share of ₹10 into two shares of ₹5 each, maintaining total equity capital at ₹9.975 crore.

- Approval sought to raise up to ₹500 crore by issuing up to 1 million equity shares (pre-subdivision) or 2 million shares (post-subdivision) via Qualified Institutional Placement or other methods.

- Mr. Afzal Harunbhai Malkani changes designation from Non-Executive Non-Independent Director to Managing Director for a 5-year term starting January 9, 2026.

- Mrs. Sandhya Venugopal Sharma appointed as a Non-Executive Nominee Director.