Vivaa Tradecom Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/04/2025 ,inter alia, to consider and approve To consider and approval of ....
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Vivaa Tradecom Ltd has informed BSE that its Board of Directors will meet on April 18, 2025 to consider and approve a proposal for raising funds. The funds could be raised by issuing equity shares or other eligible securities through modes such as private placement, qualified institutions placement (QIP), preferential issue, rights issue, or any combination permitted under law. The company has not yet disclosed the amount, pricing, or final method of raising. The trading window for the company's securities has been closed since April 1, 2025 and will remain closed until 48 hours after the announcement of audited financial results for the period ended March 31, 2025.
Shareholders should watch for the April 18 board meeting outcome, as the company may dilute equity through a QIP, preferential, or rights issue once a method and size are finalised. The trading window closure signals that audited results are also likely to be announced around the same time.