Containe Technologies Limited has issued a prior intimation regarding a scheduled board meeting under SEBI Listing Regulations Regulation 29. The company previously intimated the outcome of a board meeting held on July 01, 2026, where the board approved a rights issue of equity shares.
The rights issue is for an amount not exceeding ₹2,100 lakhs (₹21 crores) through the issuance of equity shares of face value ₹10 each. The rights equity shares will be offered to eligible equity shareholders of the company as on a record date that is yet to be determined and notified subsequently.
The board meeting is scheduled for Tuesday, July 07, 2026. The primary agenda is to consider, discuss, and decide various matters related to the rights issue, including:
- Determination of the rights issue price
- Related payment mechanism
- Rights entitlement ratio
- Record date determination
- Timing of the rights issue
- Other related matters
The rights issue will be conducted in accordance with the Companies Act, 2013 (as amended), SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended), and other applicable laws.
The document is signed by Anand Kumar Seethala, Managing Director (Director Identification Number: 01575973) of Containe Technologies Limited, with digital signature timestamp of July 01, 2026 at 18:31:43 +05:30.