Shares of Emkay Global Financial Services Ltd surged more than 5% to ₹252 on Thursday after the company announced plans to raise funds through the issuance of securities on a preferential basis.
In a regulatory filing, Emkay Global confirmed that its trading window has been closed as it prepares for a board meeting on September 22, 2025. The agenda includes discussing the fundraising proposal, which will require shareholder approval. The company may convene an Extraordinary General Meeting (EGM) or opt for a postal ballot to secure necessary clearances.
This strategic move is aimed at strengthening Emkay’s financial position and supporting its growth plans.
About the company:
Emkay Global Financial Services Limited is engaged in investment banking, wealth management, and institutional equities, offering comprehensive financial solutions tailored for the Indian market.
