Citichem India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2025 ,inter alia, to consider and approve Notice is hereby given pursuant ....
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Citichem India has informed BSE that its Board of Directors will meet on Friday, 14 November 2025. The Board will consider and approve the Unaudited Financial Results for the half year ended 30 September 2025. Additionally, the Board will consider a proposal to raise funds through the issue of equity shares, warrants, convertible securities, or other securities via preferential allotment and/or private placement, subject to shareholder approval at an upcoming Extraordinary General Meeting. This new fund-raising plan supersedes the earlier approved preferential issue of convertible warrants that was cleared at the AGM held on 30 September 2025.
Investors should watch for the H1 FY26 results on 14 November, which will reveal the company's half-yearly financial performance. The revised fund-raising proposal signals potential dilution for existing shareholders and indicates the company is actively seeking fresh capital, though terms and pricing are not yet disclosed.