Cubex Tubings Limited has provided prior intimation of a Board of Directors meeting scheduled for Wednesday, 14.10.2026. The primary agenda of the meeting is to consider and decide the mode of raising funds through the issue of equity shares and/or other securities convertible into equity shares.
The fundraising may be conducted:
- In one or more tranches
- Through permissible modes including but not limited to private placement/preferential issue
- Using any other method or combination of methods as deemed appropriate by the Board
- Subject to receipt of necessary approvals including member approval and regulatory/statutory approvals
- In accordance with applicable laws
Additionally, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct, the Trading Window for dealing in the company's securities has been closed with immediate effect. The closure will remain in force until the expiry of 48 hours after the conclusion of the Board meeting.
The disclosure is signed by Virendra Bhandari, Managing Director (DIN: 00062228), and is dated from Secunderabad. The communication is addressed to both BSE Limited and National Stock Exchange of India Limited as required under Regulation 29(1)(d) of SEBI Listing Regulations.
Financial Impact
Financial impact not quantified in the disclosure. The specific amount of fundraising and terms will be determined by the Board subject to necessary approvals.