Granules India has announced a board meeting scheduled for December 23, 2025, to discuss and evaluate proposals for raising funds. The company is considering raising capital through a private placement basis involving a preferential issue. The board will determine the issue price, subject to required regulatory approvals. This decision aims to bolster the company’s financial position and support its strategic initiatives.
Board to Discuss Fundraising
The Board of Directors of Granules India is set to convene on December 23, 2025, to address potential fundraising opportunities. The primary focus of the meeting will be on evaluating proposals for raising funds through a private placement.
Private Placement on the Table
The company is specifically considering raising funds via a private placement basis, involving a preferential issue. During the meeting, the board will delve into various aspects of the proposed fundraising, including determining the issue price. This decision is, of course, subject to all necessary regulatory and statutory approvals.
Source: BSE
