Board approves about Rs 30 cr preferential issue via warrants and shares
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Board of Raconteur Global Resources approved a preferential issue to non-promoters/public: 1.70 crore warrants convertible into equity at Rs 17 per share (including Rs 7 premium), aggregating about Rs 29 crore, plus 5.88 lakh equity shares at Rs 17 per share for about Rs 1 crore. Total raise about Rs 30 crore. Warrants convertible within 18 months. Also approved MDAR and Directors Report for FY26, and 8th AGM on 27 August 2026. Subject to shareholder approval.
Potential dilution for existing shareholders. About Rs 30 crore capital infusion pending AGM approval on 27 August 2026.