Raconteur Global Resources Approves Preferential Issue of Warrants and Shares
Raconteur Global Resources Ltd's Board of Directors, in a meeting held on July 30, 2026, approved a preferential issue of 17,058,818 warrants convertible into equity shares and 588,235 equity shares. The warrants are to be issued at ₹17 each (including a ₹7 premium), aggregating ₹28.99 crore. The equity shares will also be issued at ₹17 each (including a ₹7 premium), aggregating ₹99.99 lakh. The relevant date for calculating the issue price is set as July 28, 2026, based on a valuation report dated July 29, 2026. The company also approved the MD&A report, Director's Report for FY25-26, and the notice for the 8th Annual General Meeting scheduled for August 27, 2026. Mr. Devender Singh was appointed as the scrutinizer for the AGM.
Key Highlights
- Board approves preferential issue of 17.06 million warrants and 0.59 million equity shares.
- Total funds to be raised via preferential issue amount to ₹29.99 crore.
- Issue price determined at ₹17 per share/warrant based on valuation report.
- AGM scheduled for August 27, 2026, to seek shareholder approval.
- Company also approved FY25-26 reports and AGM related procedures.
Price Impact
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