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, each priced at Rs 170 and convertible into one equity share. This strategic fundraising aims to raise up to Rs 42.16 Cr for the company. Promoters and other investors are slated to receive these warrants. To secure shareholder approval for this crucial funding, an Extraordinary General Meeting (EGM) is set for September 1, 2025. This move is key for the company's financial strengthening and future growth. Investors should note the EGM details.