Macobs Technologies Limited — Board Meeting, 19-07-2025: Outcome of Board Meeting

MACOBS TECHNOLOGIES' board has approved a preferential issue of up to 24.8 lakh warrants at Rs 170 each. This move aims to raise Rs 42.16 crore from promoters and non-promoter investors, strengthening the company's financial position. Each warrant is convertible into an equity share within 18 months, with 25% payment upfront. Shareholder approval will be sought at an Extra-Ordinary General Meeting (EGM) on September 01, 2025. Mark your calendars: August 23, 2025, is the EGM voting cut-off date.