Pulsar International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/06/2025 ,inter alia, to consider and approve The Proposal of Fund Raising ....
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Pulsar International Ltd has informed BSE that its Board of Directors will meet on Tuesday, June 10, 2025, to consider and approve a proposal for raising funds. The company is keeping all options open, including equity shares, convertible securities, further public issue, rights issue, ADRs/GDRs/FCCBs, debt issue, preferential allotment, private placement, and Qualified Institutions Placement (QIP), subject to regulatory approvals. The Board will also approve the projects or business plans for which the funds will be used and a draft postal ballot notice to seek shareholder approval. The trading window for insiders has been closed until 48 hours after the board meeting concludes.
Investors should watch for dilution risk if equity-linked instruments are eventually chosen, though the company has not yet disclosed the size, pricing, or specific mode of fund-raising. No immediate price catalyst until the board meeting outcome is announced on June 10, 2025.