Valiant Organics Postpones June 25 Board Meeting Amid Strategic Review

Valiant Organics Ltd has announced postponing its meeting of the Board of Directors on June 25, 2025, which was to consider a potential proposal for raising funds. Internal deliberations and ongoing strategic reviews were cited by the company as the reasons for the postponement.

 

The board meeting would probably debate capital-raising options, possibly in the guise of rights issues or other vehicles, following the recent withdrawal of a previously approved plan for a rights issue. The group had previously indicated an intention to explore alternative sources for funding to fuel growth and operational needs.

 

Valiant Organics put stakeholders at ease, stating that a revised date for the board meeting would be notified in due course. The company added that the postponement was not due to any adverse developments and reiterated its commitment to transparency and long-term value creation.

 

The announcement comes as Valiant continues to navigate a challenging operating environment, with recent financials reporting low single-digit revenue growth but pressure on profitability.

 

Relevant Sources: Economic Times, Valiant Organics, Mint