Board Meeting Details
The Board of Directors meeting was held on Tuesday, 02nd June, 2026, commencing at 03:00 PM and concluding at 05:00 PM at the registered office of the Company.
Key Decision: Fundraising Approval
The Board approved a proposal to raise funds by way of issue of Foreign Currency Convertible Bonds (FCCBs) with the following specifics:
- Maximum aggregate amount: USD 10 Million
- Potential methods of issuance: preferential issue on private placement basis, qualified institutional placement, or any other methods/combinations thereof
- Bonds may be listed or unlisted
- Subject to approvals of shareholders of the Company and regulatory authorities as may be necessary