Bijoy Hans Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2025 ,inter alia, to consider and approve 1. To consider and approve increase ....
Awaiting price reaction for this filing.
Bijoy Hans Ltd has informed BSE that its Board of Directors will meet on November 4, 2025 to consider several key matters. First, the board will evaluate a proposal to raise funds through multiple possible routes, including equity shares, equity-linked instruments, convertible preference shares, convertible debentures, a composite issue of non-convertible debentures with warrants, private placement including qualified institutions placements (QIP), further public issue, preferential issue, or rights issue, or any combination thereof. Second, the board will consider increasing the company's Authorised Share Capital and amending the Memorandum of Association accordingly. Third, the board will approve the standalone unaudited financial results for the second quarter and half year ended September 30, 2025, along with the limited review report.
This is a preliminary intimation and no specific fund raise size, pricing, or structure has been disclosed yet. The announcement signals potential dilution for existing shareholders if equity or equity-linked securities are issued, and the trading window has been closed for insiders. Investors should watch for details after the November 4 meeting, particularly the financial results and the size and pricing of any capital raise.