TO CREATE, ISSUE, OFFER AND ALLOT EQUITY SHARES ON PREFERENTIAL BASIS TO NON-PROMOTER/PUBLIC CATEGORY SHAREHOLDERS

Raconteur Global Resources held its 2nd EGM on January 9, 2026, where shareholders approved three key items. First, the appointment of Ms. Gowhar Parveen Mallick as a Non-Executive Non-Independent Director was confirmed. Second, the company received approval to issue 84,28,565 equity shares on a preferential basis to 13 non-promoter/public allottees at Rs. 14 per share (including Rs. 4 premium), which would raise roughly Rs. 11.8 crore at this stage. Third, shareholders approved the issue of up to 2,23,21,421 warrants convertible into equity shares to 16 non-promoter/public allottees, also at Rs. 14 per share, convertible within 18 months — potentially bringing in an additional Rs. 31.25 crore if fully exercised. Together, the two preferential issues could dilute existing shareholders by up to roughly Rs. 43 crore worth of new equity if all warrants are converted.