StockWatch
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Logistics Solution Provider
Board Meeting19 Sept 2026, 03:01 pm

Gconnect Logitech Plans ₹41 Cr Rights Issue, Appoints Director

AI Summary

Gconnect Logitech and Supply Chain Ltd announced a board meeting where they approved a Rights Issue to raise up to ₹41 crore by issuing equity shares to eligible shareholders. The company also approved the appointment of Mr. Ketur Darji as an Independent Director for a term of 5 years, subject to shareholder approval. The board meeting took place on September 19, 2026.

Key Highlights

  • Board approved Rights Issue to raise ₹41 crore.
  • Funds to be raised via issuance of equity shares to existing shareholders.
  • Appointment of Mr. Ketur Darji as Independent Director approved.
  • Director appointment is for 5 years, subject to member approval.