Raconteur Global Resources Ltd Board Approves Warrant Call and Key Management Appointments
Raconteur Global Resources Limited's Board of Directors, meeting on June 9, 2026, considered several key operational and corporate governance matters, including approving the call for outstanding balances from convertible share warrant holders and appointing new management personnel.One significant decision relates to the warrants allotted to shareholders on March 18, 2026. The Board approved calling the remaining balance amount of 75% from the remaining warrant holders. These warrants convert into equivalent equity shares. Previously, the Company had received an amount equal to 25% of the Issue Price at the time of allotment, making the outstanding balance payable by these holders.
The details regarding the call notice issued to warrant holders are provided below:
| S. No. | Particulars | Details |
|---|---|---|
| 1. | Date of Call Letter | June 9, 2026 |
| 2. | Brief Detail | The Board approved calling the balance 75% amount from warrant holders to whom convertible share warrants were allotted on March 18, 2026, for allotment of fully paid up equity shares upon conversion of share warrants. |
In a strategic review concerning future growth and operational needs, the Board evaluated various fundraising alternatives available to Raconteur Global Resources Limited. Management has been authorized to explore suitable options in this regard.
Furthermore, the Board addressed organizational requirements and approved the appointment of Ms. Radhika Sood as the Company Secretary and Compliance Officer of the company. The appointment is effective from June 9, 2026.
Details regarding the key managerial personnel appointment include:
| S. No. | Particulars | Details |
|---|---|---|
| 1. | Name of Key Managerial Personnel | Ms. Radhika Sood (ICSI Membership: A80105) |
| 2. | Reason for Change | Appointment as Company Secretary and Compliance Officer |
| 3. | Date of Appointment | June 9, 2026 |
| 4. | Brief Profile | Ms. Radhika Sood is an Associate Member of the Institute of Company Secretaries of India (ICSI) bearing Membership No. A80105 and a Commerce Graduate. |
Stock Price Movement
Raconteur Global Resources Ltd shares settled at ₹13.50 in post-market trading, marking a 10.00% decline. The stock traded completely flat throughout the day, as both the intraday high and low registered precisely at ₹13.50.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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