CLN Energy Board Approves Share Capital Increase & Preferential Issue

CLN Energy Ltd's Board of Directors met on June 18, 2026, approving a significant increase in authorized share capital from ₹12 crore to ₹12.30 crore. The board also greenlit a preferential issue of up to 2,50,000 equity shares to a promoter entity, CLN Energy PTE Limited, at a minimum price of ₹401 per share, subject to shareholder and regulatory approvals. This move aims to augment the company's long-term financial resources. Additionally, the company will seek member approval via postal ballot and has appointed M/s. SARK and Associates LLP as a scrutinizer. The trading window for designated persons will remain closed from June 15, 2026, until 48 hours after the outcome announcement.