Koura Fine Diamond Jewelry Board Meeting on Aug 6 to Discuss Fund Raising

Koura Fine Diamond Jewelry Ltd has announced a Board of Directors meeting scheduled for August 6, 2026. The primary agenda items include considering an increase in the company's authorized share capital and a proposal for fund raising through the issuance of equity shares, convertible warrants, or other instruments via preferential allotment. This fund raising may be for cash or other than cash consideration, subject to shareholder approval and legal compliances. The board will also fix the date for an Extra Ordinary General Meeting (EOGM) to seek shareholder consent for the preferential issue and other related matters. Additionally, the trading window for company securities will be closed from July 31, 2026, until 48 hours after the board meeting concludes, to prevent insider trading.