Announced Wed, 9 Sept · 18:38 IST

Corrigendum to AGM Notice - Preferential Issue Disclosures Updated

Board & Shareholder Meetings View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
+8.6%1-day move
₹9.67
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AI summary

Raconteur Global Resources issued a corrigendum to its 8th AGM notice (18 Sept 2026) for Resolutions 7 and 8 on a preferential issue. Minimum issue price corrected from Rs. 12.206 to Rs. 12.201 per share. Company plans to raise Rs. 30 crore via 2.32 crore warrants convertible into equity and 8 lakh equity shares at Rs. 12.5 each to non-promoter public allottees. 75 percent of proceeds go to subsidiaries in real estate and IT, 25 percent for general corporate use. Clarifications confirm no change in control.

Likely market impact

Minor price correction to Rs. 12.201 from Rs. 12.206. Share count may rise from 1.33 cr to 4.20 cr on full warrant conversion, diluting existing public stakes.