Summary of Key Information:
Reporting Period: Not Specified
Nature of Filing / Announcement: Outcome of Board Meeting
Date of Board Meeting / Approval: Monday, 21st September, 2026 (4:00 PM to 4:15 PM)
Location: Corporate Office at C-69, Sector-2, Near Metro Station Sector-15, Gautam Budh Nagar, Noida, Uttar Pradesh – 201301
Audit Opinion: Not Specified
Auditor's Comment: Not Specified
Key Financial Highlights: Not Specified
Standalone Results: Not Specified
Consolidated Results: Not Specified
Segment-wise Performance: Not Specified
Corporate Actions:
The Board of Directors approved a proposal for raising funds up to ₹200 Crores for the following purposes:
- Various upcoming projects
- Upgradation/expansion of existing projects
- Enhancement of working capital requirements of the Company
The proposed fund raising may be undertaken through:
- Preferential Allotment
- Qualified Institutions Placement (QIP)
- Rights issue
- Any other permissible mode and/or combination thereof
The funding may involve issuance of:
- Equity shares
- Equity-linked securities
- Warrants
- Any other eligible securities
The size, mode, issue price, number and nature of securities, terms and conditions will be determined by the Board/Authorised Committee(s) at the appropriate stage, subject to statutory, regulatory and other approvals including shareholder approval.
The Board also approved the draft Notice of Postal Ballot for seeking member approval for the proposed fund raising and matters incidental and ancillary thereto. The Postal Ballot process will be undertaken in accordance with the Companies Act, 2013, SEBI Regulations and other applicable laws.
Other Significant Information:
No other business was transacted during the meeting.