Telecanor Global Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/02/2026 ,inter alia, to consider and approve a proposal to raise funds ....
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TeleCanor Global Ltd has informed BSE that its Board of Directors will meet on February 5, 2026 to consider and approve a proposal to raise funds. The funds will be raised through the issuance of equity shares, share warrants, or other securities via a preferential issue. The proposal is subject to shareholder approval, for which an extraordinary general meeting or postal ballot will be convened, along with other regulatory approvals. This is an advance intimation under Regulation 29(1)(d) of SEBI Listing Regulations.
If approved, the preferential issue will dilute existing shareholders by issuing new shares/warrants to specific investors. Short-term stock price may react based on the issue price and identity of investors, which are yet to be disclosed.