Pursuant to Regulation 29 of SEBI (LODR) Regulations this is to inform you that a meeting of the Board Of Director of the company is scheduled to be held on August 12, 2025 to consider ....
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Triton Corp Limited (Scrip Code: 523387) has informed BSE that its Board of Directors will meet on August 12, 2025, to consider proposals for raising capital. The options on the table include a rights issue of equity shares (face value Rs 1 each) to existing eligible shareholders, with the record date to be notified later. The Board will also evaluate fundraising through preferential allotment, issuance of warrants, or any other mode permitted under SEBI rules. All proposals are subject to necessary regulatory and statutory approvals. The outcome will be shared with the stock exchange after the meeting concludes. This is a standard advance intimation under Regulation 29 of SEBI LODR.
Shareholders should brace for potential dilution if the rights issue or preferential allotment is approved, and watch for pricing details that could be announced post the August 12 meeting — this may trigger short-term price movement depending on the size and terms of the capital raise.