Gconnect Logitech And Supply Chain Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/09/2025 ,inter alia, to consider and approve Fund Raising ....
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Awaiting price reaction for this filing.
The board of Gconnect Logitech and Supply Chain Ltd is scheduled to meet on 5th September 2025 to consider raising funds through a preferential issue, which means issuing new shares to select investors at a decided price. The board may also review an increase in the company's authorised share capital. The trading window for the stock has been closed from 25th August to 7th September 2025 to prevent insider trading during this period. Further details on the issue size, price, and allottees will likely be disclosed after the board meeting.
Preferential issues usually dilute existing shareholders' stakes, but the fresh capital could help fund the company's growth plans. The stock may see volatility once the issue price and number of shares are announced.