Sakuma Exports Board Approves Rs107.9 Crore Preferential Share Issue

Board approved preferential issue of up to 65 Cr shares at Rs1.66 per share aggregating up to Rs107.9 Cr to 9 non-promoter allottees, subject to shareholder approval at EGM on 21 Nov 2026 via VC. Large dilutive raise; prior QIP approval saw no allotment. Promoter stake falls to 32.7% from 46.3%. Material against history of negative operating cash flow and volatile working-capital borrowings. Highly dilutive with public share rising sharply. Use of proceeds not disclosed; pending EGM and regulatory approvals. Impact on liquidity, leverage and dilution overhang remains unresolved.