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Gconnect Logitech and Supply Chain Ltd has informed BSE that its Board of Directors will meet on Friday, 5th September 2025, to consider raising funds through a preferential issue, subject to regulatory and shareholder approvals. The company may also consider an increase in its authorised capital as part of the agenda. The trading window for insiders has been closed from 25th August to 7th September 2025 in line with insider trading norms. No details on issue size, pricing, or identity of proposed allottees have been disclosed in this filing.
This is a preliminary intimation and not the actual allotment. If approved, the preferential issue could lead to dilution of existing shareholders. Shareholders should await the board meeting outcome on 5th September for concrete details on pricing, size, and use of funds before making investment decisions.