Candour Techtex Ltd — Important, 16-02-2026: Company Update

Candour Techtex's board has approved a preferential allotment of 52.55 lakh equity shares at Rs. 125 each, raising Rs. 65.68 crore. Additionally, 79.73 lakh convertible warrants were allotted at the same price, with the company receiving Rs. 24.91 crore as 25% upfront payment. However, due to non-receipt of funds, the board cancelled the issuance of 12.60 lakh equity shares and 10.99 lakh warrants. Post-allotment and full warrant conversion, promoter holding will increase to 36.10% from 32.89%. This impacts the company's capital structure and shareholder equity.