NACL Industries Limited is set to convene its Board meeting on December 1, 2025, to deliberate on a significant fundraising proposal, including a rights issue, preferential allotment, or qualified institutional placement. The move is aimed at raising capital through equity shares or other eligible securities, subject to regulatory approvals.
NACL Industries Limited has announced that its Board of Directors will meet on December 1, 2025, to consider a proposal for raising funds. The fundraising may be conducted through a rights issue, preferential allotment, qualified institutional placement (QIP), or any other permissible mode, involving the issuance of equity shares, equity-linked securities, warrants, or other eligible securities. The final decision will depend on the receipt of necessary regulatory and statutory approvals, including those under SEBI’s Issue of Capital and Disclosure Requirements Regulations, 2018, and the Companies Act, 2013.
Key Highlights:
-
The Board meeting is scheduled for December 1, 2025.
-
Fundraising modes under consideration include rights issue, preferential allotment, QIP, or any other permissible method.
-
Securities to be issued could include equity shares, equity-linked securities, warrants, or other eligible instruments.
-
All proposals are subject to regulatory and statutory approvals, including SEBI and Companies Act compliance.
-
The move signals NACL Industries’ intent to strengthen its capital base and support future growth initiatives.
Source NSE Corporate Announcement by NACL Industries