Eforu Entertainment Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/04/2026 ,inter alia, to consider and approve agenda items as mentioned ....
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Eforu Entertainment Ltd (formerly Tavernier Resources Ltd) has informed BSE that a Board meeting is scheduled for April 24, 2026. The primary agenda is to consider and approve the raising of funds through issuance of equity shares, convertible instruments, or other eligible securities on a preferential basis. The issuance will be subject to shareholder approval, applicable provisions of the Companies Act 2013, and SEBI ICDR Regulations 2018, along with other regulatory approvals. The company also noted that the trading window will remain closed till 48 hours after the board meeting approves the audited financial results for Q4 and FY ended March 31, 2026.
The proposed preferential issuance could dilute existing shareholders. The lack of disclosed pricing or investor names adds uncertainty, making the stock sensitive to further announcements ahead of the meeting.