Resourceful Automobile Limited has intimated the BSE about an upcoming board meeting scheduled for Wednesday, 2nd September, 2026. The meeting will be held at the company's registered office at K-24, Upper Ground, Kh No. 107/10 Main Road, Raja Puri, West Delhi, Delhi, India-110059.
The primary agenda for the board meeting includes:
- Consideration and approval of fundraising through issuance of equity shares and/or convertible securities, including warrants
- The issuance will be on a preferential basis or through other permissible modes
- Determination of issue price as permitted under applicable laws
- The proposal is subject to receipt of regulatory/statutory approvals including shareholder approval
- The fundraising will comply with Companies Act, 2013 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
The board may also consider other matters permissible with the approval of the Chair.
Additionally, the company has closed the trading window for all designated persons with immediate effect from Wednesday, 26th August, 2026. The trading window will remain closed until 48 hours after the conclusion of the board meeting on 2nd September, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and is specifically for the purpose of the fundraising proposal determination.
The disclosure is made pursuant to Regulation 29(1)(d) and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.