Board Meeting on 1 October 2026 to Consider Fund Raising via Preferential Issue and Capital Increase

Board meets on Thursday, 1 October 2026.

Mon 28 Sep 2026

Board Meeting Date

Thursday, 1 October 2026

Agenda Item 1

Increasing the Authorised share capital of the company

Agenda Item 2

Raising funds through a Preferential Issue of equity shares and/or convertible equity share warrants to Promoters/Non-Promoters

What was shared

The company informed BSE, under regulation 29 of the SEBI (LODR) Regulations, 2015, that its Board of Directors will meet on Thursday, October 01, 2026.

Agenda items

• To increase the Authorised share capital of the company
• To raise funds by way of a Preferential Issue of equity shares and/or convertible equity share warrants to Promoters/Non-Promoters, subject to the necessary approvals
• Other incidental and ancillary matters as decided by the Board with the permission of the Chairperson

What the terms mean

Authorised share capital is the ceiling on the shares a company is allowed to issue. Raising that ceiling is usually a first step before issuing a larger number of new shares.

A preferential issue means new shares or warrants are sold to selected investors rather than to the public at large. Convertible warrants give the holder the right to convert into equity shares later, on agreed terms. When promoters or others are allotted such securities, the shareholding pattern can shift.

What investors can watch

This is only an intimation that the meeting will take place. The size of the fund raise, the issue price, the number of shares or warrants and the identity of the allottees would be decided by the Board and would require further approvals, including from shareholders where applicable. The outcome of the meeting is expected to be disclosed to the exchange after it concludes.

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