Royal Sense Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/04/2025 ,inter alia, to consider and approve Please find enclosed herewith board ....
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Royal Sense Ltd has informed BSE that its Board of Directors will meet on Thursday, April 17, 2025 at the registered office in Delhi. The main agenda is to consider raising funds through the issuance of equity shares and/or convertible securities, including share warrants, on a preferential basis under SEBI's ICDR Regulations, along with determining the issue price. The Board will also consider the audited standalone financial results for the half-year and full financial year ending March 31, 2025. The trading window for designated persons has already been closed from April 1, 2025 until 48 hours after the results are declared. The intimation is filed under Regulation 29(1)(d) of SEBI LODR and signed by Managing Director Rishabh Arora.
If approved, the preferential issue could lead to equity dilution for existing shareholders. Investors should watch for the issue price, size, and allottee details once announced, along with the full-year FY25 financial performance.