Deccan Cements Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/05/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 of ....
DECCANCE · price
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Deccan Cements Ltd has scheduled a Board meeting on 14th May 2026 to consider raising funds through issuance of Non-Convertible Debentures (NCDs) and/or Compulsorily Convertible Debentures (CCDs) on a private placement basis. The company will also seek shareholder approval via Special Resolution through a Postal Ballot for the proposed issuance. The trading window is already closed from 1st April 2026 till 31st May 2026, which is standard practice ahead of material corporate announcements. No specific details about the amount to be raised or the purpose of funds have been disclosed in this intimation.
This announcement indicates the company is actively pursuing debt or hybrid capital instruments to raise funds. Shareholders should watch for the Postal Ballot details regarding the size and terms of the proposed issuance, as NCDs add debt obligations while CCDs may lead to equity dilution upon conversion.