The Board meeting is scheduled to be held on Thursday, 17th September, 2026. The primary agenda for the meeting is to consider and approve the raising of funds. The proposed methods for fundraising include the issuance of equity shares and/or other eligible securities, including convertible securities. The fundraising is planned to be conducted through a preferential issue and/or private placement, or any other permissible mode as per applicable laws. The proposal is subject to receipt of requisite regulatory, statutory, and other approvals, including approval from the shareholders of the Company, wherever required. The Board will also consider and approve all matters incidental or ancillary to this fundraising proposal.
A second agenda item is to consider and approve the draft Notice for convening an Extra-Ordinary General Meeting (EGM) of the Members of the Company. This EGM will seek shareholders' approval for the aforementioned fund raising and any other matters as required.
Furthermore, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's internal Code of Conduct, the Trading Window for dealing in the securities of the Company will be closed for all Designated Persons, their immediate relatives, and other covered persons. The closure is effective from Tuesday, 15th September, 2026, and will remain closed until 48 hours after the outcome of the Board Meeting is made generally available to the public.
The letter was signed by M. Chowda Reddy, Company Secretary & Compliance Officer. The company's registered office is located at Sy.No 66/2, Street No.03, 2nd floor, Rai Durgam, Prashanth Hills, Nav Khalsa, Gachi Bowli, Dargah Hussain Shahwali, Golconda, Hyderabad- 500008, Telangana, India. Its Corporate Identification Number (CIN) is L62099TG1994PLC017207.