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Technojet Consultants Approves 500,000-Share Preferential Issue At Rs 48 Each


18 September 2026
Technojet Consultants Ltd.

Board approved preferential issue of up to 5,00,000 shares at Rs48 per share to 7 non-promoters, raising up to 2.4 Cr, and hike in authorised capital to Rs70 lakh. Issue subject to shareholder approval at EGM on 30 Oct 2026; lead allottee Nimesh Singh gets 3.25 lakh shares or 46.43% post-issue, indicating potential change of control. New allottees to hold ~71% post-issue, heavily diluting existing holders; use of proceeds, pricing justification and lock-in details not disclosed.


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