StockWatch
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Residential- Commercial Projects
Board Meeting2 Jul 2026, 07:30 pm

Country Condos Ltd to consider ₹30 Cr Preferential Issue on July 9

AI Summary

Country Condos Ltd has announced a Board Meeting scheduled for July 9, 2026, to consider and approve a preferential issue of equity shares to non-promoters, aiming to raise up to ₹30 crore. The board will also authorize key management personnel, Vice-Chairman & Director Mr. Y. Siddharth Reddy and Vice-Chairman & CEO Mr. D. Krishna Kumar Raju, to lead the proposed issue and appoint necessary intermediaries. This move is intended to fuel the company's growth and strategic initiatives.

Key Highlights

  • Board meeting scheduled for July 9, 2026.
  • To consider a preferential issue of equity shares.
  • Aiming to raise up to ₹30 crore from non-promoters.
  • Key management authorized to lead the issue.