Raconteur Global Approves Warrants & Equity Issue

Raconteur Global Resources Ltd's Board has approved the issuance of 23,200,000 warrants convertible into equity shares and 800,000 equity shares on a preferential basis. The warrants are priced at INR 12.50 each, raising INR 29 crore, and the equity shares are also priced at INR 12.50 each, raising INR 1 crore. This issuance is subject to shareholder approval at the upcoming general meeting. Additionally, the board approved the appointment of M/s A S Bhutani & Associates as the new Statutory Auditors for FY 2026-27 to fill a casual vacancy, for a term of five years, also subject to shareholder approval. A relevant date of August 19, 2026, was set for calculating the issue price of the preferential issue.