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Board approved increasing authorised capital to Rs 27 Cr from Rs 12 Cr and a preferential issue of 1.5 Cr equity shares at Rs 10 each, raising up to Rs 15 Cr, subject to approvals. Shares will be issued to four non-promoter funds, each receiving 37.5 lakh shares and holding 14.96% post-issue. The raise involves substantial potential dilution; use of funds, issue timeline and final shareholder approval remain undisclosed.