News

Natural Capsules Limited convened its 1st Extraordinary General Meeting on Wednesday, September 9, 2026, via video conference, where shareholders approved a special resolution for the issuance of equity shares and warrants convertible into equity shares on a preferential basis. Mr. Tekkar Yashwanth Prabhu, Chairman, presided over the meeting, which was attended by 31 members constituting the requisite quorum, and Mr. Sunil L Mundra, Managing Director, addressed the meeting regarding the preferential issue. The results of the voting will be declared upon receipt of the Scrutinizer`s report and submitted to the stock exchanges separately.

Natural Capsules Limited announced the results of its 1st Extraordinary General Meeting held on Wednesday, September 9, 2026, disclosing that two special resolutions were passed with the requisite majority. The resolutions pertained to the issuance of equity shares and warrants convertible into equity shares on a preferential basis. The company, along with Deepak Sadhu, Practicing Company Secretary, conducted the e-voting process, which commenced on September 4, 2026, and concluded on September 8, 2026, with a final 15-minute window after the meeting.

Natural Capsules is undertaking a preferential allotment of 4,50,000 convertible warrants to Mr. Sunil Mundra, a promoter, to raise Rs 8.01 Crores, approximately $9.7 million USD. The funds will primarily be used to meet working capital requirements, with a potential reallocation to capital expansion initiatives if opportunities arise. Following the allotment and assuming full conversion of warrants, the promoter and promoter group’s shareholding will increase to 53.44%, while public shareholding will decrease to 46.56%. The allotment complies with Securities and Exchange Board of India (ICDR) Regulations, and the company has obtained a certificate confirming this compliance. The funds are expected to be utilized within 18 months from the allotment date, September 10, 2026.

Natural Capsules Limited will hold a board meeting on Wednesday, September 2, 2026, at shorter notice to consider and evaluate an updated valuation report from a registered valuer concerning a proposed preferential issue of equity shares or convertible securities, as well as to approve a revised issue/allotment price and quantity of equity shares and warrants, and a revised notice and schedule for the general meeting. The meeting is being convened due to the urgent need to respond to queries from the BSE and NSE regarding the valuation report and to adhere to statutory timelines, with the trading window for designated persons remaining closed until 48 hours after the board meeting`s outcome.

Natural Capsules Limited has informed the BSE Limited and National Stock Exchange of India Limited that September 2nd, 2026, has been set as the record date for an Extraordinary General Meeting (EGM) scheduled for September 9th, 2026.