Samyak International Ltd — Important, 12-06-2026: Company Update

Samyak International's Board has approved a preferential allotment to raise capital. The company plans to issue up to 40 lakh equity shares at Rs. 17 each, raising up to 6.80 Cr. Additionally, it will issue up to 40 lakh convertible warrants at Rs. 17 each, potentially raising another 6.80 Cr upon full conversion. These warrants are convertible into equity shares within 18 months, with 25% payable upfront. This significant capital raise is subject to shareholder approval and aims to strengthen the company's financial position.