7Seas Entertainment Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/09/2025 ,inter alia, to consider and approve 1. Raising of funds through ....
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7Seas Entertainment Ltd has informed BSE that its Board of Directors will meet on September 5, 2025. The key agenda item is to consider raising funds by issuing equity shares and convertible warrants on a preferential basis to promoters and non-promoters. Additionally, the Board will approve the Notice of the 34th Annual General Meeting and the Director's Report for the financial year ended March 31, 2025. The company is based in Hyderabad and the meeting will be held at its registered office in Madhapur.
The preferential issue of equity shares and convertible warrants could lead to dilution for existing shareholders, depending on the issue price and number of securities. Investors should watch for further details on pricing, valuation, and the size of the fund raise once the Board approves it.