Cargosol Logistics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/06/2026 ,inter alia, to consider and approve Raising of funds
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Cargosol Logistics Ltd has informed BSE that a Board Meeting is scheduled for June 2, 2026 via video conferencing to consider raising of funds. The company is exploring multiple options including Foreign Currency Convertible Bonds (FCCBs), public issues, rights issues, ADRs/GDRs, debt issues, preferential allotments, private placements, and Qualified Institutions Placement (QIP). The fund-raising will be subject to regulatory approvals and shareholder approval. The trading window for insiders has been closed since April 1, 2026 and will reopen 48 hours after the meeting outcome is declared.
This is a general fund-raising intimation without specific details on amount or pricing. The broad mention of multiple instruments suggests the company is keeping options open, which could be dilutive for existing shareholders if a QIP or preferential allotment is pursued.