StockWatch
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Logistics Solution Provider
Board Meeting16 Sept 2026, 08:40 pm

Gconnect Logitech Board Meeting on Sep 19 to Consider Rights Issue

AI Summary

Gconnect Logitech and Supply Chain Ltd has announced that its Board of Directors will convene on September 19, 2026. The primary agenda item is to consider and approve a proposal for raising funds through a rights issue of equity shares to eligible shareholders. This move is subject to obtaining necessary regulatory approvals and compliance with relevant laws, including the Companies Act, 2013, and SEBI regulations. The meeting will also address any other business with the Chair's permission and majority director consent.

Key Highlights

  • Board meeting scheduled for September 19, 2026.
  • Proposal to raise funds via rights issue to be considered.
  • Rights issue subject to regulatory and legal approvals.
  • Focus on equity shareholder participation in fundraising.