Board Meeting Details
A meeting of the Board of Directors is scheduled to be held on Saturday, August 29, 2026. The primary agenda includes considering and approving a proposal to raise funds through issuance of:
- Equity shares
- Other securities of the company
Fundraising Method
The fundraising will be conducted by way of preferential issue, subject to:
- Provisions of the Companies Act, 2013 (as amended)
- SEBI Listing Regulations (as amended)
- SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended)
- Other applicable laws
- Approval of company members (shareholders)
- Other regulatory and/or statutory approvals as applicable
Shareholder Approval Process
The Board of Directors will also consider convening:
- An extraordinary general meeting (EGM)
- Postal ballot process
To seek shareholder approval for the preferential issue proposal.
Trading Window Closure
The Trading Window for dealing in securities of the Company is closed effective August 26, 2026 for:
- "Designated Persons" as defined under the Company's Code of Conduct
- Their "Immediate Relatives"
The closure will remain in effect until 48 hours after the conclusion of the Board Meeting. This action is in compliance with the Company's 'Code of Conduct for Prevention of Insider Trading' and pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 as amended.
Financial Impact
Financial impact not quantified in the disclosure. The fundraising amount and potential dilution effects will be determined subject to board approval and subsequent shareholder consent.