Innovana Thinklabs Limited — Board Meeting, 27-06-2025: Outcome of Board Meeting

Innovana Thinklabs has announced a board meeting. The company plans to issue up to 8.6 lakh convertible warrants at ₹431 each via preferential allotment to promoters and select investors, raising around ₹37.07 Cr. Warrants will be convertible into equity shares within 18 months. An Extraordinary General Meeting will be held to seek shareholder approval for this fundraise. Post-issue, the promoter holding will slightly dilute but remain dominant. This move aims to strengthen the balance sheet and support growth initiatives.