Board Meeting30 Jul 2026, 07:30 pm
Raconteur Global Resources Approves Preferential Issue of Warrants and Shares
AI Summary
Raconteur Global Resources Ltd announced that its 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 will be issued at ₹17 each, aggregating to ₹28,99,99,906. The equity shares will also be issued at ₹17 each, aggregating to ₹99,99,995. The company also approved the Management Discussion and Analysis Report, Director's Report for FY 2025-26, and the notice for the 8th Annual General Meeting scheduled for August 27, 2026. A registered valuer determined the issue price for the preferential issue.
Key Highlights
- Board approves preferential issue of 17,058,818 warrants.
- Board approves preferential issue of 588,235 equity shares.
- Total funds to be raised via preferential issue is approx. ₹39 Crore.
- AGM scheduled for August 27, 2026, to approve the issue.
- Valuation report obtained for determining issue price.
Price Impact
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