Country Condos Ltd Board Meeting Scheduled to Discuss Preferential Issue of Equity Shares Up To Rs 30 Crores
Country Condos Ltd has scheduled a meeting of its Board of Directors to consider several key corporate matters, including the proposal for a preferential issue of equity shares.The Board Meeting is set for Thursday, July 9, 2026, at 02:00 PM, and is convened to deliberate on strategic decisions impacting the company's capital structure and future growth.
A primary agenda item for the meeting is proposing the Preferential Issue of Equity Shares to non-promoters of the Company. The proposed issue has a maximum limit set at Rs.30,00,00,000 (Rupees Thirty Crores).
In addition to considering the share issuance, the Board will authorize key management personnel to facilitate the process. Mr. Y. Siddharth Reddy, Vice-Chairman and Director, along with Mr. D. Krishna Kumar Raju, Vice-Chairman and CEO of the Company, are authorized to lead the proposed issue and appoint all necessary intermediaries required for its execution.
The company is utilizing the meeting to review these matters and take any other actions deemed necessary with the permission of the Chairman.
COUNCODOS Stock Price Movement
Today, Country Condo's Limited shares edged higher to close at ₹4.89 after the stock gained 1.86%. The equity settled with a total traded volume of 38,344 shares during market activity today.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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