Galactico Corporate Services Ltd — Board Meeting, 23-07-2025: Board Meeting
23-07-2025 | 05:14 pm
23-07-2025 | 05:14 pm
The company has announced a board meeting to consider a proposal for raising funds through a rights issue of equity shares to eligible shareholders. This strategic move aims to strengthen the company's financial position, potentially funding growth initiatives or reducing debt. The Board will also establish a special 'Rights Issue Committee' to oversee and expedite the process. Additionally, the trading window for company shares remains closed, which is a standard procedure around such significant corporate announcements, and will reopen after the outcome of the board meeting or the quarter's financial results are declared.
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