California Software Company Limited has informed the Exchange regarding Board meeting held on November 14, 2025. Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of California Software Company Limited ( the Company ), at its meeting held today, i.e., November 14, 2025, at the Registered Office of the Company, transacted and approved the following:1. Unaudited Financial Results2. Approval for Raising Funds through QIP up to ₹200 Crores3. Approval for FDI / FCCB / FCCPS Issuance up to USD 100 Million4. Increase in Authorised Share Capital to ₹225 Crores5. In-principle approval for acquisitions6. Approval to Conduct Postal BallotThe Board transacted other routine business matters with the permission of the Chair.The meeting commenced at 17.00 Hrs. and concluded at 18.30 Hrs.Kindly take the above on record.
CALSOFT · price
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California Software Company's board, at its November 14, 2025 meeting, approved unaudited financial results and cleared plans to raise funds through a Qualified Institutional Placement (QIP) of up to ₹200 Crores. It also approved a foreign route — FDI, FCCB, or FCCPS — for up to USD 100 Million. The board approved increasing authorised share capital to ₹225 Crores and gave in-principle nod for acquisitions. It also approved conducting a postal ballot to seek shareholder consent for these matters.
The company is preparing to raise a significant amount — potentially over ₹800 Crores combined — which could dilute existing shareholders but also fund growth and acquisitions. The postal ballot indicates shareholder approval is still pending before these fund-raising plans can move forward.