Date: November 04, 2026

Board Meeting Outcomes

  • The document provides clarification regarding the objects of preferential issue of equity shares and convertible warrants
  • Clarification addresses Point F of Explanatory Statement 1 & 2 regarding object of the preferential issue
  • The clarification aims to remove ambiguity/confusion in the bifurcation and note to the Object of the Issue

Fundraising Details

Item No 1 Preferential Issue:

  • Total issue size: ₹2,00,25,000
  • Utilization: Working Capital Requirements and Capital Expansion

Item No 2 Preferential Issue:

  • Total issue size: ₹8,01,00,000
  • Utilization: Working Capital Requirements and Capital Expansion

Combined Fund Utilization:

  • Total preferential issue amount: ₹10,01,25,000

Working Capital Requirements Breakdown

  • Procurement of raw materials
  • Vendor and service provider payments
  • Operational costs
  • Employee salaries
  • Marketing expenses
  • Logistics costs
  • Rent payments
  • Insurance costs
  • Statutory and compliance costs
  • Advances and deposits required for smooth business operations

Capital Expansion Breakdown

Capacity Addition & Modernization:

  • Enhancing existing manufacturing capabilities
  • Upgrading plant machinery
  • Investing in process automation and technology to meet growing demand

Strategic Growth & Business Avenues:

  • Exploring potential expansion opportunities
  • Preliminary evaluation of acquiring or establishing additional new unit to expand operational scale