Intimation of Postponement of Board Meeting under Regulation 29 of SEBI (LODR) Regulations, 2015.
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Harshil Agrotech Ltd has postponed its Board meeting originally scheduled for September 23, 2025. The meeting was called to consider a proposal for fund raising through qualified institutional placement (QIP), private placement, preferential issue, rights issue, or any other permissible mode, subject to regulatory and shareholder approvals. The company stated it is in talks with investors regarding fund raising through different means, which is the reason for the postponement. A revised date for the Board meeting will be communicated in advance. The intimation is filed under Regulation 29(1)(d) of SEBI (LODR) Regulations, 2015.
Shareholders should expect a potential fund-raising announcement in the near future, which could lead to equity dilution depending on the mode finally chosen. Until the revised Board meeting is held, the company is in a wait-and-watch phase with no concrete decision on capital raising yet.