Flora Corporation Approves ₹50 Lakh Preferential Issue To Promoter Group

Board approved preferential issue of up to 5,00,000 equity shares at Rs 10 each aggregating Rs 50 lakh to 4 promoter group members, subject to EGM approval on Nov 23, 2026. Promoter infusion to fund long-term working capital; promoter stake to rise to 31.29% from 27.36% with no change in control and no open offer triggered. 5.41% post-issue dilution; shares locked in 18 months; issue at par as infrequently traded; pending EGM special resolution and BSE in-principle approval.