Rights Issue to Raise Up to Rs 90 Crores; Director Resigns

Board approved a rights issue of equity shares of Rs 10 face value, aggregating up to Rs 90 crores, to eligible shareholders on a record date to be notified later. Authorized capital was increased from Rs 10 crores (10 lakh shares) to Rs 100 crores (1 crore shares), subject to shareholder approval. Independent Director Mukesh Gupta resigned due to pre-occupancy. The 36th AGM is scheduled for 21st August 2026 via video conferencing.