Nakoda Group Of Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/04/2026 ,inter alia, to consider and approve 1 proposal for fundraising ....
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Nakoda Group of Industries has informed the exchanges that its Board of Directors will meet on April 16, 2026, at 3:30 PM at the registered office in Nagpur. The key item on the agenda is considering and approving a proposal to raise funds through a preferential issue or private placement of securities for cash, with the issue price to be determined. The Board will also consider the appointment of Mr. Apurv Hirde as the new Company Secretary and Compliance Officer. The trading window for dealing in the company's securities remains closed for designated persons and will reopen 48 hours after the declaration of audited financial results for Q4 and FY ended March 31, 2026.
This is a pre-announcement indicating potential dilution for existing shareholders, but no specific amount, pricing, or instrument details have been disclosed yet. Shareholders should watch for the detailed fundraising terms after the April 16 board meeting, as preferential allotments are typically at a price determined by the company and may involve promoter or select investor groups.