Evaluated various fund-raising options available to the Company including preferential issue and/or rights issue of equity shares and after due consideration, the Board decided that further ....
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The board of Jayant Infratech met on March 7, 2026, and evaluated various fund-raising options including a preferential issue and/or rights issue of equity shares. After consideration, the board decided that further detailed discussions are needed before deciding. They resolved to convene a separate board meeting in the future to consider and approve the issuance of shares through either route, subject to regulatory approvals. No specific amount, pricing, or timeline has been announced yet.
This is a preliminary announcement with no concrete action, so there is no immediate impact on shareholders or the stock. Investors should watch for the follow-up board meeting, which could lead to dilution through a preferential or rights issue depending on the route and size finally approved.