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Awaiting price reaction for this filing.
Gconnect Logitech and Supply Chain Ltd has informed the BSE that its Board of Directors will meet on Monday, March 2, 2026, to consider issuing equity shares or other securities on a preferential basis to raise additional capital. The issuance will be done under the Companies Act, 2013 and SEBI's ICDR Regulations, 2018, and will require shareholder approval. The trading window for insiders and designated persons has been closed from February 25, 2026 until 48 hours after the board meeting outcome is announced.
Existing shareholders should expect potential dilution if the preferential allotment goes through, as new shares will be issued to specific investors. The pricing and identity of allottees will be disclosed after the board meeting on March 2, which will be the key thing to watch for the stock.