With reference to the Board Meeting held on 19th December, 2025 and Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bizotic Commercial's board, at its meeting on 20th January 2026, approved revising the objects of its preferential issue of 16,02,000 convertible warrants. Earlier planned uses—store setup, furniture costs, and general corporate purposes—have been removed due to a reduction in the issue size. The entire proceeds of ₹46.46 crores will now be deployed solely for meeting working capital requirements of the company, to be utilized within 12 months of receiving funds. Issue proceeds are expected to be received within 18 months from the date of allotment of the warrants.
For shareholders, this indicates a scaled-down and more focused fundraising plan prioritizing working capital over expansion. The reduction in issue size may moderate dilution, but it also suggests the company has trimmed earlier capital expenditure ambitions in favour of operational liquidity.