Board approved increasing authorized share capital from ₹3.4 crore to ₹3.9 crore to facilitate new equity issuance.
Approved preferential issue of 263,160 equity shares and 245,615 warrants convertible into equity shares to five investors.
Post-issue, promoter holding will dilute from 56.69% to 55.53% while public holding increases to 44.47%.
An EGM will be convened to seek shareholder approval for these capital restructuring measures.