FilingReader Intelligence

Granules India board to discuss private placement for fundraising

December 18, 2025 at 06:09 AM UTCBy FilingReader AI

Granules India Limited announced its board of directors will convene on December 23, 2025. The primary agenda for this meeting is to consider and evaluate proposals for raising funds through a private placement, specifically via a preferential issue. This will include the determination of the issue price, subject to necessary regulatory and statutory approvals.

The intimation was made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This strategic move could significantly impact the company's financial structure and future growth prospects. Further details regarding the fundraising amount and terms will be disclosed following the board meeting and subsequent approvals.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:GRANULESBombay Stock Exchange

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