JTL Defence Plans Up to ₹100 Cr Fundraise via QIP/Preferential Issue

JTL Defence's Board of Directors has approved a plan to raise up to ₹100 Crores through various modes including Qualified Institutions Placement (QIP), Preferential Issue, Further Public Offer (FPO), or Rights Issue. The company has also constituted a Fund Raising Committee and a Sub-Committee to oversee this process. Additionally, the Board approved the shifting of the company's registered office from Delhi to Himachal Pradesh and will seek shareholder approval via an Extra-ordinary General Meeting (EGM).