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.

Raconteur Global Resources Limited company name has approved a preferential issue of warrants convertible into equity shares and equity shares to non-promoter investors, raising approximately ₹28.99 crore. The Board of Directors finalized the terms during its meeting on July 30, 2026, setting the issue price at ₹17 per security, including a premium of ₹7 per share. This capital raise aims to strengthen the company’s financial position while broadening its shareholder base through institutional and individual non-promoter participation.

The issuance is structured in two components: 17,058,818 warrants convertible into equity shares and 588,235 equity shares. Both instruments are priced at ₹17 each. The warrants are convertible into one equity share each within 18 months from the date of allotment. The relevant date for determining the issue price was fixed as July 28, 2026, based on a valuation report dated July 29, 2026, issued by Mr. Sandeep Agrawal, a Registered Valuer with the Insolvency and Bankruptcy Board of India (IBBI). The company notified the Listing Department of BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Issue Structure and Pricing

The preferential issue targets exclusively non-promoter/public category shareholders. The total consideration for the warrants amounts to ₹28,99,99,906, while the equity shares component raises ₹99,99,995. The issue price was calculated in accordance with Regulation 164 read with Regulation 166A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The warrants allow investors to convert their holdings into equity shares in one or more tranches upon payment of the full warrant price. Adjustments will be made if the company undertakes capitalization of profits, rights issues, or other corporate actions affecting share capital during the interim period.

Allotment Details

The securities have been allotted to various non-promoter entities and individuals. Key allottees include Boolean Ventura Private Limited and Grip Assets Management Pvt Ltd, each receiving 2,941,176 warrants. Other significant participants include Nature Heavens India Private Limited (2,111,764 warrants) and Max Biosciences Private Limited (2,123,529 warrants). Atharva LLP is the sole allottee for the direct equity share component, receiving 588,235 shares.

Corporate Governance and AGM

The Board also approved the Management Discussion and Analysis Report and the Director’s Report for Financial Year 2025-26. Mr. Devender Singh, Proprietor of M/s Devender Singh and Associates, was appointed as the Scrutinizer for the remote e-voting process at the forthcoming Annual General Meeting (AGM). The 8th AGM is scheduled for August 27, 2026, at 1:00 P.M. at the company’s registered office in Mumbai. Shareholders can vote electronically from August 24 to August 26, 2026. The final approval of the preferential issue is subject to shareholder consent at this meeting.