Sunita Tools board to consider capital raise, preferential issue

Sunita Tools Limited announced a board of directors meeting scheduled for Saturday, November 08, 2025. Key agenda items include a proposed increase in the authorized share capital from ₹7,00,00,000 to ₹8,00,00,000, divided into 80,00,000 equity shares of ₹10/- each. This change will require a consequential amendment in the capital clause of the memorandum of association, subject to shareholder approval.

The board will also consider the issue of equity shares through a preferential issue, in compliance with SEBI regulations and subject to shareholder and regulatory approvals. Additionally, the agenda includes a proposal to take an unsecured loan of up to ₹25 Crores from directors and/or related parties, with an option to convert it into equity shares at a later stage.

In accordance with SEBI regulations, the trading window for insiders of Sunita Tools Limited has been closed from November 04, 2025, and will remain closed until 48 hours after the board meeting for the consideration and approval of the preferential issue, specifically until November 10, 2025.