Board to consider restructuring and ₹100 crore fund raise
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The board will meet on 30 October 2026 to consider a strategic restructuring plan and raising up to ₹100 crore through non-convertible bonds, commercial paper, or other debt. Both proposals are preliminary and require approval and regulatory compliance.
The restructuring could alter the business, while the debt raise may add interest and repayment costs. Terms are undecided, so the stock impact is uncertain.