Mizzen Ventures Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve proposal for raising funds ....
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Mizzen Ventures Ltd has informed BSE that its Board meeting is scheduled for 28 May 2026 to consider a proposal for raising funds. The company plans to issue equity shares, warrants convertible into equity shares, or other eligible securities through a preferential issue, private placement, or other permissible modes. The issuance will be subject to shareholder and regulatory approvals. The trading window for all insiders and designated persons has been closed since 1 April 2026 and will remain so until 48 hours after the Board meeting concludes.
The proposed capital raise could dilute existing shareholders; however, successful fundraising may strengthen the company's balance sheet and support future growth plans. The mention of warrants convertible into equity shares is a notable feature of this issuance.