Board Meeting on 7 October 2026 to Consider Fund Raising Proposal

Board meets on 7 October 2026 to consider a proposal to raise funds.

Wed 30 Sep 2026

Board Meeting Date

7 October 2026

Funding Modes

equity shares, securities, convertible instruments or other permissible securities

Additional Board Agenda

Regularising directors appointed on 11 August 2026

Trading Window Closure

1 October 2026 until 48 hours after Q2 results or meeting outcome, whichever is later

Status

Nothing is decided yet — amount and mode are still to be considered

What was shared

The company has given advance intimation to BSE of a Board meeting scheduled for Wednesday, October 07, 2026 at its registered office.

Items on the agenda

• To consider and deliberate upon a proposal for raising of funds for meeting the financial requirements of the company, through issuance of equity shares, securities, convertible instruments or such other permissible securities, by such mode as may be considered appropriate, subject to applicable statutory and regulatory approvals including shareholder approval, and to appoint necessary intermediaries if any.
• To consider and approve seeking approval of the Members for the fund-raising proposal and for the regularisation of the appointment of Director(s) appointed by the Board at its meeting held on August 11, 2026, and to authorise consequential and incidental actions.
• Any other item with the permission of the Chairman.

How to read this

This is an intimation of what the Board will consider, not a decision. The size of the fund raise, the pricing, the instrument and the investors are matters that would be determined at or after the meeting, and any issuance would still need statutory, regulatory and shareholder approvals.

For existing shareholders, a fund raise through equity shares or convertible instruments can change the shareholding mix once completed, depending on the size and mode finally chosen. The regularisation item relates to directors already appointed by the Board being placed before members for confirmation.

Trading window

As per the earlier intimation dated September 23, 2026, the trading window for dealing in the company's securities remains closed from October 1, 2026 until the expiry of 48 hours after declaration of the Unaudited Financial Results for the quarter ended September 30, 2026, or the declaration of the outcome of this Board meeting, whichever is later.

What to watch

• The outcome disclosure after the October 07, 2026 meeting, which would carry the specifics of any approved fund raising.
• The notice for the shareholder approval process, if the Board proceeds.

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.