Dugar Housing Developments Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/04/2025 ,inter alia, to consider and approve Pursuant to Regulation ....
Awaiting price reaction for this filing.
Dugar Housing Developments Ltd has informed BSE that its Board of Directors will meet on 7th April 2025 to consider and approve raising of funds through the issue of equity shares and/or other convertible securities via a Preferential Issue or other permissible modes, through public or private offerings. The fundraise will be subject to shareholder and other regulatory approvals. Note: The headline mentions Axentra Corp Ltd, but the filing is actually from Dugar Housing Developments Ltd (Scrip Code 511634).
This is a preliminary intimation — no concrete fundraising details (size, price, mode) are disclosed yet. Shareholders should watch for the post-meeting outcome on 7th April for clarity on dilution, pricing, and the final structure of the fundraise.