Board to Consider Fund Raising via Equity Shares and/or Warrants on October 5, 2026

The Board meets on Monday, October 05, 2026.

Tue 29 Sep 2026

Board Meeting Date

Monday, October 05, 2026

Fund Raising Method

equity shares and/or warrants through private placement by way of preferential issue

Trading Window Closure Start

September 29, 2026

Trading Window Closure End

48 hours after unaudited results for quarter and half year ended September 30, 2026 are published

Approvals Required

regulatory/statutory approvals, including shareholders' approval

What was announced

The company has intimated the exchanges that a meeting of its Board of Directors is scheduled for Monday, October 05, 2026, at its corporate office in Ratlam, Madhya Pradesh.

Items on the agenda

• To consider raising of funds by issuance of equity shares and/or warrants, through permissible modes including by way of a private placement through a preferential issue, or any other permitted method.
• To approve ancillary actions for the fund raising, subject to regulatory and statutory approvals, including approval of shareholders.
• Any other business as may be decided by the Board.

How to read this

At this stage the Board will only *consider* the proposal. The amount, the issue price, the number of shares or warrants and the identity of any allottees are matters that would be decided by the Board and would then need shareholder and regulatory clearance. A preferential issue means securities are offered to selected investors rather than to the public at large; if it goes through, it typically brings fresh capital into the company while increasing the total number of shares, which dilutes the holding percentage of existing shareholders.

Trading window

Under the insider trading code, the trading window for dealing in the company's securities, earlier intimated to be closed from October 01, 2026, now stands closed with effect from September 29, 2026. It remains closed until 48 hours after the declaration and publication of the unaudited financial results for the quarter and half year ended September 30, 2026. This restriction applies to designated persons and insiders, not to ordinary public shareholders.

What to watch

The outcome of the October 05, 2026 Board meeting, which should carry the specifics of any fund raising decided upon.

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