Ecoboard Industries Ltd — Important, 12-10-2025: Company Update

Ecoboard Industries' board has approved a significant capital increase and fund-raising plan. The company will increase its authorized share capital from Rs. 34 Cr to Rs. 36.50 Cr by creating 25 lakh additional equity shares of Rs. 10 each. Additionally, it plans to raise up to Rs. 17.58 Cr through a preferential issue. This involves issuing 18,07,835 convertible warrants to promoters for Rs. 6.06 Cr, primarily for debt conversion, and 34,41,417 equity shares for Rs. 11.53 Cr, for debt repayment and cash. The issue price for both is Rs. 33.50 per share/warrant. These actions aim to foster business growth and strengthen financial stability. Shareholder approval will be sought at an upcoming Extra-Ordinary General Meeting.