CLN Energy Approves Share Capital Increase and Preferential Issue

CLN Energy Ltd's Board of Directors has approved an increase in authorized share capital from ₹12 Crores to ₹12.3 Crores by creating 3,00,000 new equity shares. The company also plans to raise funds by issuing up to 2,50,000 equity shares on a preferential basis to a promoter entity, CLN Energy PTE Limited, at a minimum price of ₹401 per share. This move aims to augment long-term financial resources. The board also approved seeking shareholder approval via postal ballot and appointed a scrutinizer for the e-voting process. The trading window will remain closed for designated persons from June 15, 2026, until 48 hours after the board meeting outcome announcement.