Family Care Hospitals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/04/2025 ,inter alia, to consider and approve Pursuant to provisions ....
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Family Care Hospitals Limited has informed BSE that its Board of Directors will meet on April 24, 2025. The main agenda is to consider and evaluate a proposal for raising funds. The company may issue equity shares, convertible securities, or warrants, either through a rights issue, preferential issue, or any other permissible method, or a combination of these. No specific amount, price, instrument, or investor has been disclosed yet — the board is only at the stage of evaluating the proposal. Regulatory and statutory approvals will be needed before any action is taken.
This is only a prior intimation, not a confirmed fund-raise. If the board approves a proposal, it could lead to dilution for existing shareholders, depending on the instrument chosen. Investors should wait for the outcome of the April 24 meeting for clarity on size, pricing, and method.