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Board approved raising up to Rs 1,500 Cr through a QIP, rights issue, FPO or other permitted mechanism involving equity shares or eligible securities. The 17th AGM was scheduled for 28 September 2026. The proposed raise extends the company’s recurring capital-raising strategy to support its capacity-led cloud and AI infrastructure expansion, but the chosen instrument remains open. Potential dilution and funding impact are significant; issue price, security mix, timing, use of proceeds and shareholder approval requirements were not disclosed.
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