Saptak Chem And Business Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/10/2025 ,inter alia, to consider and approve Preferential Issue ....
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Saptak Chem And Business Ltd has scheduled a Board meeting on October 14, 2025, to consider and approve a Preferential Issue of warrants to the Public category under Chapter V of SEBI's ICDR Regulations, 2018. The Board will also fix the relevant date for the proposed issue and decide the schedule for an Extra-ordinary General Meeting (EGM) to seek shareholder approval. A scrutinizer will be appointed for the remote e-voting and voting process at the EGM. The move is subject to shareholder approval and other regulatory clearances as required.
This signals a potential capital-raising exercise through warrant issuance, which could lead to equity dilution if warrants are exercised in the future. Existing shareholders should watch for pricing terms (premium or discount) and the size of the issue once details are disclosed post-board meeting and EGM.