Galada Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/09/2025 ,inter alia, to consider and approve Pursuant to Regulation 29(1) ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Galada Finance has called a board meeting on September 3, 2025, to consider raising funds through secured, unrated, unlisted, redeemable non-convertible debentures (NCDs). The board will also appoint an independent registered valuer in connection with a proposed preferential issue of share warrants and/or equity shares. No specific issue size, coupon rate, or pricing details have been disclosed yet. Shareholders will need to wait for the September 3 outcome to know the actual quantum, terms, and potential dilution from the preferential allotment.
This signals a potential fund-raising move combining debt (NCDs) and equity (warrants/shares on a preferential basis), which could lead to dilution for existing shareholders. The stock may see some volatility around the September 3 board meeting depending on the scale and pricing of the proposed issues.