Board Meeting Details
- Meeting Date: Thursday, July 2, 2026
- Primary Agenda: Consideration of fundraising through preferential issue of equity shares and/or convertible warrants
- Regulatory Framework: Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, Companies Act 2013, and other applicable laws
- Additional Agenda: Convening of Extra-ordinary General Meeting to obtain shareholder approval for the fundraising proposal
Trading Window Closure
- Closure Period: From June 24, 2026 until 48 hours after the declaration of Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026
- Reason: Company's Code of Conduct for Prohibition of Insider Trading pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
- Additional Consideration: Board will also consider approval of Unaudited Standalone and Consolidated Financial Results for Q1 June 2026 (separate intimation to be sent later)
Financial Impact
Financial impact of the proposed fundraising not quantified in the disclosure. The specific amount to be raised, issue price, and dilution impact are not mentioned.
Next Steps
- Board meeting scheduled for July 2, 2026
- EGM to be convened post-board approval
- Separate intimation for financial results consideration to be sent