Alstone Textiles (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/09/2025 ,inter alia, to consider and approve To consider and approve ....
Awaiting price reaction for this filing.
Alstone Textiles (India) Ltd has informed BSE that its Board of Directors will meet on Tuesday, September 30, 2025, to consider and approve a proposal for raising funds. The company plans to issue equity shares of Rs. 1 face value at par, or other eligible securities, through one or more permissible modes such as Qualified Institutions Placement (QIP), rights issue, preferential issue, or further public offer. The fundraising is subject to shareholder approval and other applicable regulatory clearances. No specific amount or dilution size has been disclosed at this stage. The company is listed on BSE under scrip code 539277 and is based in New Delhi.
This is a forward-looking intimation signalling potential equity dilution for existing shareholders once the proposal is approved. The market may react with caution as further fundraising details (size, pricing, and mode) are awaited from the board meeting on September 30, 2025.