Pakka Limited's board approved a preferential issue of equity shares raising ₹29.92 crore from Neo-managed funds.
The board also approved issuing convertible warrants to promoter group entity Yash Agro raising ₹99.99 crore.
An Extraordinary General Meeting is scheduled for May 5, 2026, to seek shareholder approval for the fundraising.
Post-issue, Yash Agro's stake could rise to 17.72% upon full warrant conversion, diluting existing shareholders.