Board Meeting30 Jul 2026, 07:40 pm
Raconteur Global Resources Approves Preferential Issue of Warrants and Shares
AI Summary
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 5,882,350 equity shares. The warrants will be issued at ₹17 each, aggregating to ₹28.99 crore, and the equity shares at ₹17 each, aggregating to ₹9.99 crore. The relevant date for calculating the issue price is July 28, 2026. The Board also approved the Management Discussion and Analysis Report, Director's Report, the appointment of a scrutinizer for the upcoming AGM, and the notice for the 8th Annual General Meeting scheduled for August 27, 2026.
Key Highlights
- Board approved preferential issue of warrants and equity shares.
- Total funds to be raised via preferential issue is approx. ₹39 crore.
- AGM scheduled for August 27, 2026, to seek shareholder approval.
- Valuation report obtained for determining issue price.
- MDAR and Director's Report for FY 2025-26 approved.
Price Impact
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