Announced Tue, 9 Jun · 17:06 IST

Board of Directors at its meeting held on June 9, 2026 approved the appointment of Ms. Radhika Sood as Company Secretary and Compliance Officer of the Company.

Management Changes View source PDF

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AI summary

Raconteur Global Resources Ltd held a board meeting on June 9, 2026, and approved three key items. First, the company will call the remaining 75% balance amount from warrant-holders who were allotted convertible share warrants on a preferential basis on March 18, 2026; only 25% was received at allotment, with the rest now being called to convert warrants into fully paid-up equity shares. Second, the board reviewed various fundraising options to meet business and operational needs and authorized management to explore suitable alternatives. Third, Ms. Radhika Sood, an ICSI Associate Member (Membership No. A80105) and Commerce Graduate, was appointed as Company Secretary and Compliance Officer with effect from June 9, 2026. The filing is signed by Surinder Kalra, Whole-Time Director.

Likely market impact

The warrant call money is a positive step toward completing the equity conversion process and potentially strengthening the company's capital base, though existing warrant-holders may face dilution. Exploring fundraising signals a need for additional capital, while the new compliance officer appointment is a routine governance update with no direct material impact on shareholders.