SK Minerals & Additives Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/06/2026 ,inter alia, to consider and approve Intimation of Board ....
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SK Minerals & Additives Ltd has informed BSE that a Board meeting is scheduled for June 1, 2026 to consider and evaluate raising funds through issuance of warrants, equity shares, and/or other eligible securities. The company may pursue routes including preferential issue, private placement, or other permissible methods under the Companies Act, 2013 and SEBI ICDR Regulations, 2018. The fund raise may be done in one or more tranches, either individually or in combination. The proposal is subject to necessary statutory, regulatory, and corporate approvals. The meeting is being held pursuant to Regulation 29 of SEBI LODR Regulations.
This is a routine pre-meeting intimation indicating the board may approve a capital raise. Depending on the size and pricing, it could be dilutive to existing shareholders. The market will watch for details on how much capital is being raised and the purpose.