Mac Hotels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/02/2026 ,inter alia, to consider and approve proposal for raising of funds through ....
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Mac Hotels Ltd has informed BSE that its Board of Directors will meet on 4 February 2026 to consider and approve a proposal for raising funds through a preferential issue, along with an increase in the company's authorised share capital. The preferential issue route means shares will be issued to specifically identified investors rather than to the general public. The proposal is subject to necessary regulatory and statutory approvals, including shareholder approval. The company has also closed its trading window for insiders from 21 January 2026 to 6 February 2026 in line with insider trading regulations.
Existing shareholders may face equity dilution once the preferential issue is executed, as new shares will be issued to select investors at a price determined by the Board. The stock may see some volatility around the board meeting date due to potential dilution concerns, though the actual terms (price, size, and investor identity) are not yet disclosed.