Jetking Infotrain Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/07/2025 ,inter alia, to consider and approve Proposal for raising funds ....
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Jetking Infotrain Limited has informed BSE that its Board of Directors will meet on Monday, July 21, 2025, at shorter notice. The main agenda is to consider and approve a proposal for raising funds through the issue of equity shares via preferential allotment to proposed non-promoter allottees. The issue price will be determined in line with applicable laws, and the allotment is subject to shareholder approval and other statutory/regulatory clearances. The trading window for designated persons and their immediate relatives has already been closed since July 1, 2025, and will remain closed until 48 hours after the declaration of Q1FY26 unaudited financial results. No specific fundraising amount or number of shares has been disclosed in this intimation.
Existing shareholders may face equity dilution if the preferential allotment goes through, as new shares will be issued to non-promoter allottees. The stock could see short-term volatility around the board meeting date, but actual impact depends on the issue price and size of the allotment, which are yet to be disclosed.