Covidh Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/10/2025 ,inter alia, to consider and approve Pursuant to Regulation ....
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Covidh Technologies has informed BSE that its Board of Directors will meet on October 3, 2025. The main agenda is to consider raising funds through the issue of equity shares or other securities. The company is looking at a rights issue and/or any other permissible mode permitted under applicable law. The funds are intended to support the company's accelerated growth plans. The proposal is subject to necessary regulatory and statutory approvals.
Shareholders may see a potential equity dilution if a rights issue or other fund-raising is approved. Investors should watch for further announcements regarding pricing, size, and timing once the board decision is made on October 3.