Raconteur Global Resources Approves Preferential Share Issuances and Announces AGM Timeline
Raconteur Global Resources Ltd announced several key decisions following its Board meeting held on July 30, 2026. The board considered and approved the Management Discussion and Analysis Report (MDAR) and the Director's Report for the financial year 2025-26. Notably, the company ratified two separate preferential issue tranches involving both warrants convertible into equity shares and straight equity shares allotted to non-promoter shareholders.The board also considered and approved the appointment of Mr. Devender Singh as the Scrutinizer for conducting remote e-voting and ballot processes at the forthcoming Annual General Meeting (AGM). Furthermore, the company approved the Notice of the AGM, scheduled for August 27, 2026, to be held at the registered office.
Preferential Allotment Details
The approval included the issuance of two categories of securities under the preferential allotment: warrants and equity shares. The board had previously considered a Valuation Report dated July 29, 2026, by Mr. Sandeep Agrawal to determine the issue price for these transactions.Warrants Convertible into Equity Shares
The company approved the issuance of a maximum of 17,058,818 Warrants convertible into equity shares to non-promoters/public shareholders. These warrants were issued at an issue price of INR 17/- per share, which includes a premium of INR 7/- per share. The total consideration for this allotment was determined to be INR 28,99,99,906/-.
Equity Shares Allotment
Separately, the board approved the issuance of 588,235 Equity Shares to non-promoter/public shareholders. These shares were issued at a price of INR 17/- per share, including a premium of INR 7/- per share. The total consideration for this allotment amounted to INR 99,99,995/-.
The proposed allottees for the warrants and equity shares were noted, with respective details provided in associated documents.
Key Events Calendar
Raconteur Global Resources has set out a clear calendar of events leading up to its AGM. Shareholders are advised on the following important dates:| Event | Date/Period |
|---|---|
| Cut off date for E-Voting | Thursday, August 20, 2026 |
| Voting Start Date & Time | Monday, August 24, 2026 (9:00 A.M.) |
| Voting End Date & Time | Wednesday, August 26, 2026 (5:00 P.M.) |
| Annual General Meeting (AGM) | Thursday, August 27, 2026 at 01:00 P.M. |
| Date of declaration of AGM results | Latest by Saturday, August 29, 2026 |
The board meeting concluded with the approval of the Calendar of Events for the forthcoming Annual General Meeting.
Stock Price Movement
Raconteur Global Resources Ltd shares settled at ₹11.50 on Wednesday, which marked a decline of 3.93%. The stock traded completely flat during the session, as its high and low remained anchored at that same price point.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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