Gconnect Logitech and Supply Chain Ltd. Announces Increase in Authorized Share Capital and Preferential Issue of Equity Shares

Gconnect Logitech and Supply Chain Limited has informed the exchange about the outcome of the Board Meeting held on March 23, 2026. The Board approved an increase in the authorized share capital from ₹ 4 crore to ₹ 11 crore and a corresponding amendment to Clause V of the Memorandum of Association of the Company. The Board also approved the issuance of up to 64,83,000 (Sixty-Four Lakhs Eighty-Three Thousand) fully paid-up equity shares at a price of ₹ 18.31/- per equity share for an amount aggregating to ₹ 11,87,03,730/-. The equity shares will be issued to 17 investors on a preferential basis, subject to the approval of shareholders and other regulatory approvals.