Aurique Ltd to Convene Board Meeting for Major Fundraising Proposal
Aurique Ltd (formerly PAE Limited) has scheduled a meeting of its Board of Directors set for Thursday, August 06, 2026. The primary agenda item for the gathering is the proposal for the company’s fundraising efforts.The Board meeting will include discussions on raising funds through various means. These methods encompass the issuance of securities, including equity shares or any other equity-linked instruments, warrants, and convertible securities. The funding can be achieved via a rights issue, preferential allotment, private placement, or any other permissible mode as determined by the Board of Directors.
In addition to reviewing the fundraising proposal, the Board is also scheduled to discuss the convening of an Extra-Ordinary General Meeting (EGM). This EGM is intended to seek shareholder approval for the proposed fund raising exercise. The meeting agenda also covers any other matters deemed necessary by the Board.
Stock Price Movement
As of 12:39, Aurique Ltd. shares are ticking up at ₹10.04 after registering a 4.91% gain in the market. The stock is trading completely flat as its intraday high and low remain locked at the ₹10.04 level.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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