Clenon Enterprises 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 1. The Unaudited Standalone ....
Awaiting price reaction for this filing.
Clenon Enterprises Ltd (formerly G.R. Cables Limited) has informed BSE that its Board of Directors will meet on Friday, 14 November 2025. The key items on the agenda are: (1) approval of the Unaudited Standalone Financial Results for Q2 and the half-year ended 30 September 2025, along with the Statutory Auditor's Limited Review Report, and (2) raising funds by issuing up to 25,00,000 equity shares of face value ₹10 each on a preferential basis to strategic investors in the public category. This preferential issue is being carried out pursuant to a Resolution Plan earlier approved by the NCLT Hyderabad Bench in March 2023. The insider trading window is closed and will remain so until 48 hours after the outcome is declared.
Investors should watch the 14 November board meeting closely — it will reveal Q2/H1 FY26 earnings and confirm a fresh equity dilution of up to 25 lakh shares. The NCLT resolution plan backdrop suggests this capital raise is part of the company's post-restructuring plan rather than a purely opportunistic move, and shareholder approval may be required for the preferential allotment.