Board approved raising authorised capital to 70,00,000 shares, AoA change to enable preferential issues, and 6,25,000 convertible warrants at Rs 385 for 24.06 Cr to promoters/non-promoter. EGM Oct 10. First equity raise since SME listing; largely promoter-subscribed, extending promoter-led funding pattern for working-capital-intensive project business with IPO deployment in execution. 1:1 conversion within 18 months, 25% upfront, subject to EGM approval; use of proceeds and funding need undisclosed; disclosed post-holding for non-promoter looks inconsistent.
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