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Board approved forfeiture of 16,31,580 partly-paid rights shares for unpaid calls; in-principle up to Rs50 Cr preferential/warrant raise; Sambhajinagar Oct 2026, Mysuru Q4 FY27 start. Closes extended rights call process with partial forfeiture; fresh raise extends equity-funded expansion streak; pipeline dates broadly intact but no update on due Ayodhya opening. Pricing, investors, promoter share, use of proceeds and reissue of forfeited shares undisclosed; raise needs shareholder/regulatory approvals; funding need vs dilution eyed.
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