Candour Techtex Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/10/2025 ,inter alia, to consider and approve raising of funds through Preferential ....
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Candour Techtex Limited has informed BSE that its Board of Directors will meet on Monday, October 20, 2025, to consider raising funds through a Preferential Issue and/or Qualified Institutions Placement (QIP) of Equity Shares and/or Convertible Securities. The proposal will be carried out under SEBI (ICDR) Regulations, 2018 and the Companies Act, 2013, subject to necessary regulatory approvals. The Board will also consider calling an Extra-Ordinary General Meeting to seek shareholder approval for the fund-raising proposal. No specific details on issue size, pricing, or investor names have been disclosed yet.
This is a forward-looking intimation and not a confirmed fund raise. If approved, the issuance could lead to dilution of existing shareholders depending on the size and structure. Investors should watch for follow-up disclosures on pricing and allotment post the October 20 board meeting.