Announced Wed, 11 Feb · 17:43 IST

Longspur International Ventures Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/02/2026 ,inter alia, to consider and approve 1. the proposal ....

Fund Raising View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Longspur International Ventures Ltd has called a Board meeting on 16 February 2026 to consider a proposal for raising funds through equity shares, warrants, convertible securities, or other instruments. The company is keeping multiple options open, including Qualified Institutions Placement (QIP), rights issue, preferential allotment, or further public offer, subject to shareholder approval. Additionally, the Board will discuss altering the company's Memorandum of Association. The trading window for dealing in the company's securities has been closed from 13 February 2026 until 48 hours after the outcome of the meeting is declared.

Likely market impact

This is a forward-looking announcement with no immediate impact on shareholders, but the fund-raising proposal could lead to potential equity dilution depending on the mode and size finally approved. Investors should watch for follow-up disclosures with pricing details and the chosen route after the Board meeting.