Sakuma Exports to raise ₹107.9 Cr via preferential issue

Sakuma Exports Ltd announced that its Board of Directors, in a meeting held on October 19, 2026, approved the issuance of up to 65,00,00,000 equity shares at a price of Rs. 1.66 per share, aggregating up to Rs. 107.90 Crore (Rupees One Hundred Seven Crore and Ninety Lakh). The shares will be offered on a preferential basis to nine proposed allottees, including Akshay Tulshiram Agonde and Al Malaki Foodstuff Trading LLC, who are non-promoters. The company also approved the draft notice for an Extra-Ordinary General Meeting (EGM) to be held on November 21, 2026, to seek shareholder approval for the preferential issue. M/s Rajeev Bhambri & Associates has been appointed as the scrutinizer for the EGM.