Raconteur Global Resources Approves Auditor Change & Preferential Issue

Raconteur Global Resources Ltd's Board of Directors met on August 20, 2026, approving key agenda items. The company appointed M/s A S Bhutani & Associates as Statutory Auditors for FY 2026-27 to fill a casual vacancy, subject to shareholder approval. This appointment is for a term of 5 years, from 2026-27 to 2030-31. Additionally, the Board approved a preferential issue of 23,200,000 warrants convertible into equity shares at ₹12.50 each, aggregating ₹29 crore, and a preferential issue of 800,000 equity shares at ₹12.50 each, aggregating ₹1 crore, both to non-promoter/public shareholders. The relevant date for calculating the issue price was set as August 19, 2026. The Board also approved revised Board and Management Discussion & Analysis reports for FY 2025-26.