StockWatch
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Other Textile Products
Board Meeting10 Sept 2026, 10:10 pm

Popees Baby Care Board Meeting on Sep 22 to Consider Fund Raising

AI Summary

Popees Baby Care India Ltd has announced that its Board of Directors will convene on September 22, 2026. The primary agenda items include considering and approving a proposal for raising funds through the issuance of securities on a preferential basis or via private placement. This fund-raising is intended to be executed through a Share Swap Arrangement for consideration other than cash, subject to board approval and necessary regulatory clearances. The meeting will also address ancillary matters related to this proposal and any other business as permitted by the Chairperson.

Key Highlights

  • Board meeting scheduled for September 22, 2026.
  • Proposal to raise funds via preferential issue/private placement.
  • Fund raising to be conducted via Share Swap Arrangement.
  • Consideration for the arrangement will be other than cash.