News

Dhruva Capital Services Limited announced that its board of directors approved raising funds through a Qualified Institutions Placement (QIP) of equity shares for an aggregate amount of up to Rs 160 Crores in one or more tranches, according to a regulatory filing with the BSE Limited on October 20, 2026.

Dhruva Capital Services Limited, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, has submitted a certificate for the quarter ended September 30, 2026, to the BSE Limited, with Bigshare Services Pvt. Ltd. confirming the dematerialization and listing of securities.

Dhruva Capital Services Limited held an Extra-Ordinary General Meeting (EOGM) on Saturday, October 10, 2026, via video conferencing, attended by 28 members, according to a regulatory filing with the BSE Limited. The meeting approved a special resolution to increase the company’s authorized share capital and another special resolution to approve raising of funds through equity shares or other eligible securities, with the voting results to be submitted to the stock exchanges within two working days and posted on the company`s website.

Dhruva Capital Services Limited will close its trading window for all designated persons from October 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter and half year ended September 30, 2026, in accordance with SEBI regulations.

Dhruva Capital Services Limited has called a shareholder meeting to approve resolutions enabling future fundraising activities. The company seeks authorization to increase its authorized capital and a special resolution to allow the board to issue securities, potentially including equity shares or convertible debentures, in multiple tranches over the next 365 days. The board will determine the pricing, potentially offering a discount of up to 5%, and may utilize a Qualified Institutional Placement (QIP) for a faster issuance. This resolution waives pre-emption rights for existing shareholders, allowing the company to offer securities to other investors, and will be conducted in accordance with SEBI’s ICDR Regulations. Proceeds will be disclosed for specific use, and promoters will not participate in the subscription. Further information is available via email at [email protected], phone 03322811397, or website www.dhruvacapital.com.