Board Meeting on 29 September 2026 to Consider Fund Raising via Preferential Issue

The Board meets on Tuesday, September 29, 2026.

Thu 24 Sep 2026

Board Meeting Date

Tuesday, September 29, 2026

Agenda

Consider, evaluate and if thought fit approve issuance of equity shares or other eligible securities by way of a Preferential Issue

Trading Window Closure

Closed from today until 48 hours after the meeting ends

What was shared

The company informed BSE under Regulation 29 that a meeting of its Board of Directors is scheduled on Tuesday, September 29, 2026, to consider and evaluate and, if thought fit, approve the proposal for issuance of equity shares or such other eligible securities by way of a Preferential Issue, plus incidental business matters.

What a preferential issue means

A preferential issue is a sale of new shares or convertible securities to selected investors rather than to the public. It brings fresh money into the company, and it also increases the number of shares outstanding, which can dilute the holding of existing shareholders depending on the size and price.

Trading window

Under the company's code of conduct for designated persons and their immediate relatives, the trading window for dealing in the company's securities is closed from the date of this intimation until the expiry of 48 hours from the conclusion of the meeting.

How to read it

• This is an agenda intimation, not an approval.
• Key details such as the amount, the type of security, the issue price and the proposed allottees would be known only if and when the Board approves the proposal.
• Investors watching the company can look out for the outcome disclosure after the meeting.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.