Royal Sense Ltd — Board Meeting, 17-04-2025: Board Meeting

Royal Sense Limited has announced a board meeting outcome, approving the issuance of up to 4,00,000 convertible equity warrants at ₹251 each, totaling ₹10.04 crore, through preferential allotment. This issuance aims to enhance the equity base and is subject to shareholder approval at an Extra-Ordinary General Meeting scheduled for May 16, 2025. Additionally, the Board appointed a scrutinizer for E-voting at this meeting.

This move is expected to strengthen the company's capital structure, which could positively influence investor sentiment by indicating growth and expansion opportunities. However, the successful completion of the capital raise remains contingent on member approval.