Osel Devices Limited — Board Meeting, 30-07-2025: Outcome of Board Meeting

OSEL Devices' board has approved a significant fundraising plan. The company will issue up to 15.65 lakh equity shares and 1 lakh warrants at Rs 340 each via a preferential issue to non-promoter public investors. This move aims to raise approximately Rs 56.62 crore, subject to full warrant conversion. An Extra-Ordinary General Meeting is scheduled for August 23, 2025, to seek shareholder approval for this capital infusion.