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

Ecoboard Industries' Board has approved an increase in its Authorized Share Capital from 34 Cr to 36.50 Cr, creating 25 lakh additional equity shares. This strategic move aims to foster business growth and strengthen financial stability. The company also plans to raise up to 17.5850 Cr through a preferential issue. This includes issuing 18,07,835 convertible warrants to promoters for 6.06 Cr, primarily for debt repayment, and 34,41,417 equity shares for up to 11.5287 Cr to promoters and public, for debt repayment and cash. Shareholder approval for these proposals will be sought at an Extra-Ordinary General Meeting on November 07.