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Board approved preferential issue of up to 11,64,000 equity shares at Rs 120 per share aggregating Rs 14.0 Cr to 13 non-promoter allottees, subject to approvals. Called EGM on Oct 31, 2026. Issue subject to shareholder approval at Oct 31 EGM and regulatory approvals under SEBI ICDR norms; board appointed scrutinizer for e-voting. Use of proceeds not disclosed. Preferential allotment to non-promoters implies dilution; pricing premium, post-issue holding, dilution quantum and funding objective not disclosed. EGM outcome awaited.
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