The Board considered and approved a proposal for raising funds of up to ₹200 Crore (Rupees Two Hundred Crore Only). The fundraising will be conducted in one or more tranches through the issuance of eligible securities via Equity Shares, in accordance with applicable laws. This approval is subject to the approval of the shareholders of the Company.
The Board noted that specific details including the issue size, issue price, number of shares, objects of the issue, utilization of funds, and other terms and conditions of the proposed fundraising will be determined and finalized by the Board at an ensuing board meeting. A detailed proposal will be placed before the Board for consideration and approval at that meeting.
The Board Meeting commenced at 06:00 PM and concluded at 06:30 PM on August 20, 2026.