Board Meeting9 Jul 2026, 04:20 pm
Country Condos Proposes Preferential Issue Up to ₹30 Cr
AI Summary
Country Condos Ltd announced that its Board of Directors has proposed a preferential issue of equity shares to non-promoters, aiming to raise up to ₹30 crore. The company has authorized Mr. Y. Siddharth Reddy and Mr. D. Krishna Kumar Raju to manage the proposed issue and appoint necessary intermediaries. The board meeting commenced at 2:00 PM and concluded at 3:55 PM.
Key Highlights
- Board approved a preferential issue of equity shares.
- Issue size not to exceed ₹30 crore.
- Shares to be issued to non-promoters.
- Key management authorized to lead the issue.
- Board meeting concluded successfully.
Price Impact
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