GP Petrol Reschedules Board Meeting for Fundraising
Fundraising / Financing
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
12th Aug 2026
Key Details
- The Board meeting, previously scheduled for Friday, August 14, 2026, has been rescheduled to Wednesday, August 19, 2026.
- The primary agenda of the meeting is to consider and approve a proposal for raising funds through the issuance of debt securities/instruments.
Fundraising Proposal Specifics
- The fundraising may include but is not limited to Non-Convertible Debentures (NCDs) and Optionally Convertible Debentures (OCDs).
- The issuance will be conducted on a private placement basis or through other permissible modes.
- The fundraising may be executed in one or more tranches.
- The proposal is subject to applicable statutory, regulatory, and other required approvals.
Trading Window Closure
- The trading window for dealing in the company's securities remains closed for all designated persons and their immediate relatives.
- The closure will continue until 48 hours after the conclusion of the rescheduled board meeting on August 19, 2026.
Authentication
- The letter was digitally signed by Kanika Yog Sadana on August 12, 2026, at 16:32:27 IST.
- The signatory is identified as Kanika Sehgal Sadana, Company Secretary and Compliance Officer (ACS:31466).