Sheetal Cool Products To Consider Fundraising Through Preferential Issue

Sheetal Cool Products Ltd, a Gujarat-based FMCG company known for its ice cream, frozen foods, and dairy products, has announced that its board will meet on January 7, 2026, to consider fundraising plans. The proposal involves issuing convertible equity warrants and/or equity shares on a preferential basis, in line with SEBI’s Issue of Capital and Disclosure Requirements (ICDR) Regulations.

Key Highlights

• Board meeting scheduled for January 7, 2026, to consider fundraising options.
• Proposal includes preferential issue of convertible equity warrants and/or equity shares.
• Fundraising will be subject to shareholder and regulatory approvals.
• Trading window restrictions have been imposed until 48 hours after the board meeting outcome.
• The capital infusion is expected to strengthen liquidity and support business expansion.
• Sheetal Cool Products continues to expand its footprint in frozen foods, dairy, and FMCG categories.
• The move reflects the company’s strategy to secure long-term growth funding.

Conclusion
The upcoming board meeting marks a crucial step for Sheetal Cool Products Ltd as it explores equity-based fundraising. With regulatory compliance and shareholder approval, the initiative could provide fresh capital to fuel expansion and reinforce its position in India’s competitive FMCG sector.

Sources: ScanX News, Investor Relations, Sheetal Cool Products