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Awaiting price reaction for this filing.
Gabriel Pet Straps Ltd has informed BSE that a Board Meeting is scheduled for Thursday, 31st July 2025 to consider raising of funds through various methods, including a preferential issue, subject to regulatory and shareholder approvals. The trading window for dealing in the company's securities has been closed from 26th July 2025 to 2nd August 2025 (both days inclusive) in line with insider trading regulations. All connected and designated persons have been advised not to trade in the company's securities during this closure period.
This signals potential fundraising activity, which could result in equity dilution for existing shareholders. The trading window closure suggests material price-sensitive information may be disclosed soon, and investors should watch for the board's outcome on the proposed fund raise.