Travels & Rentals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/11/2025 ,inter alia, to consider and approve the proposal of fund raising ....
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Travels & Rentals Ltd has informed BSE that its Board of Directors will meet on Thursday, November 27, 2025, at the registered office in Kolkata. The main agenda item is to consider and approve a proposal for raising funds by issuing equity shares or other securities. The fund raising will be done through a rights issue and/or any other legally permitted mode, subject to required regulatory approvals. The company's trading window for dealing in shares, already closed since October 1, 2025, will remain closed until 48 hours after the board meeting concludes. No specific amount, valuation, or purpose for the fund raise has been disclosed at this stage.
The stock may see some volatility around the board meeting date as investors wait for clarity on the size and pricing of the proposed fund raise. Shareholders may get an opportunity to participate via the rights issue, but existing investors should watch for dilution details once the board announces the terms.