Cargosol Logistics Board Approves $15 Million FCCB Issue, Up From $10 Million

Board approved fundraise via issue of Foreign Currency Convertible Bonds (FCCBs) up to USD 15 Million on a private placement basis, subject to shareholder and regulatory approvals. Board also approved convening an Extra-Ordinary General Meeting on July 31, 2026 to seek shareholder approval for the issuance.