Board Meeting Details
A meeting of the Board of Directors is scheduled to be held on Thursday, October 15, 2026.
Primary Agenda Item
The Board will consider, evaluate, and if thought fit, approve the proposal for raising funds for the purpose of achieving minimum public shareholding in terms of the Securities Contracts (Regulation) Rules, 1957, as amended.
Fundraising Method
The funds may be raised by issuance of equity shares through one or more public or private placement offerings, including by way of:
- Qualified institutional placement (QIP)
- Any other method permitted under applicable regulations
- Combination of methods as permitted
Regulatory Framework
The fundraising will be subject to provisions of:
- Companies Act, 2013
- SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (SEBI ICDR Regulations)
- Other applicable acts, rules and regulations
Approvals Required
The proposal is subject to:
- Shareholders' approval
- Stock exchange approvals
- Regulatory/statutory approvals
- Other applicable approvals
Trading Window Closure
In terms of SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct:
- Trading window was closed from October 1, 2026
- Will remain closed until 48 hours after the conclusion of the Board Meeting
- And declaration of Unaudited Financial Results for quarter and half year ending September 30, 2026
- Whichever event occurs later