Raconteur Global Resources approved a ₹30 crore preferential issue of warrants and equity shares during its board meeting on August 20, 2026. The capital raise targets non-promoter investors, with proceeds intended to strengthen the company’s financial position ahead of its upcoming annual general meeting.

The board authorized the issuance of 2.32 crore warrants convertible into equity shares at a price of ₹12.50 each, aggregating to ₹29 crore. Additionally, the company will issue 8 lakh equity shares at the same price, raising a further ₹1 crore. The issue price includes a premium of ₹2.50 per share over the face value of ₹10. A registered valuer determined the pricing in accordance with SEBI ICDR Regulations.

Capital Structure Changes

The warrants are convertible into one equity share each within 18 months from the date of allotment. Investors can exercise this option in one or more tranches upon payment of the full warrant price. The conversion terms are subject to adjustments for corporate actions such as bonus issues, rights issues, or share consolidations.

The equity shares are being allotted directly to Atharva Professional Consultants LLP. The warrant issuance involves multiple non-promoter investors, including SN Capital Management Private Limited, Boolean Ventura Private Limited, and Grip Assets Management Private Limited.

Auditor Appointment

The board recommended appointing M/s A S Bhutani & Associates as statutory auditors for FY27 to FY31. This appointment fills a casual vacancy caused by the resignation of M/s Kapil Sandeep & Associates. Shareholder approval is required for the five-year tenure starting from FY27.

Corporate Governance Updates

The board approved the revised Board Report and Management Discussion & Analysis for FY26, rescinding earlier decisions from July 30, 2026. The company also appointed Mr. Devender Singh as scrutinizer for the remote e-voting process.

Key Dates

• Notice Dispatch: August 25, 2026
• E-Voting Cut-off: September 11, 2026
• Voting Window: September 15 to September 17, 2026
• AGM Date: September 18, 2026
• Result Declaration: By September 19, 2026

Raconteur Global Resources has postponed its 8th Annual General Meeting (AGM), originally scheduled for August 27, 2026, citing unforeseen and unavoidable administrative exigencies. The decision impacts shareholders who were expecting the meeting and the associated notice dispatch on August 3, 2026. The company informed the BSE Limited Listing Department of the delay on August 3, 2026, ensuring regulatory compliance under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The postponement follows a Board of Directors meeting held on July 30, 2026, where the Board had previously approved the Notice of the 8th AGM and the Calendar of Events. At that time, the Board had set August 3, 2026, as the date for completing the dispatch of the AGM notice and August 27, 2026, as the date for convening the meeting. However, due to the cited administrative issues, both the notice dispatch and the meeting itself have been deferred.

Revised Timeline and Next Steps

The company has not yet announced a new date for the AGM or the dispatch of the notice. Raconteur Global Resources stated that it will intimate the Stock Exchange and shareholders with the revised date, time, and venue for the 8th AGM, along with the updated Calendar of Events, in due course. This communication will be made in accordance with the Companies Act, 2013, read with rules made thereunder, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Radhika Sood, Company Secretary and Compliance Officer of Raconteur Global Resources, signed the intimation letter addressed to the BSE Limited. The company expressed regret for any inconvenience caused to shareholders due to the postponement. No further details regarding the nature of the administrative exigencies were provided in the filing.