Board approved ₹450 crore preferential issue of 93.16 lakh shares at ₹483/share to promoters and investors.
Approved ₹200 crore NCD issuance on private placement basis and revised PLA project capex up by ₹230 crore to ₹3,080 crore.
Board greenlit new ₹160 crore gypsum plant to process PLA by-product, funded from preferential issue proceeds.
Convened EGM on 20th May 2026 to seek shareholder approval for the preferential issue.