SK Minerals clears three independent director appointments at June 19, 2026 EGM

SK Minerals held an extraordinary general meeting on June 19, 2026, where shareholders approved the appointments of three independent directors. The company has also called another EGM on July 9, 2026, to seek approval for a preferential issue of 55,00,000 convertible warrants to raise ₹218.35 crore for expansion and general corporate purposes. The warrants are priced at ₹397 each, including a ₹387 premium, and can be converted within 18 months. After conversion, promoter shareholding is expected to rise to 81.97% from 73.86%.