Date: May 29, 2026
Board Meeting Outcomes
- The company provides clarifications/information regarding its preferential issue as requested by stock exchanges
- Out of total issue proceeds from preferential issue, 25% will be utilized for General Corporate Purpose, not exceeding 25% of Issue Size
- Until complete utilization of funds as per objects specified in Postal Ballot Notice dated April 18, 2026, the company will invest issue proceeds in permitted instruments including mutual funds and Fixed Deposits through Scheduled Commercial Banks