GP Petroleums Board Meeting on Aug 14 to Consider Fund Raising

GP Petroleums Ltd has announced that its Board of Directors will convene on August 14, 2026. The primary agenda item is to consider and approve a proposal for raising funds through the issuance of debt securities, such as Non-Convertible Debentures (NCDs) or Optionally Convertible Debentures (OCDs). This fund-raising can be done on a private placement basis or through other permissible modes, potentially in multiple tranches, subject to necessary approvals. Concurrently, the company has closed its trading window for dealing in securities, effective immediately, until 48 hours after the board meeting concludes, in compliance with SEBI's insider trading regulations.