ROX Hi-Tech Limited’s board has approved a proposal to raise funds aggregating up to ₹20 crore to bolster its capital base. The funds will be raised in one or more tranches through the issuance of equity shares, preference shares, and other convertible or non-convertible securities. This includes instruments such as warrants, depository receipts, debentures, and bonds, whether secured or unsecured.

The company plans to utilise various methods for the fund raise, including preferential issue, private placement, rights issue, qualified institutions placement, or a combination thereof. The initiative is subject to regulatory and statutory approvals, including the consent of the company's members, as applicable. The board's decision aligns with provisions under the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Committee Authorisation

The Strategic Investment Committee has been authorised to examine and evaluate the most beneficial options for raising capital. The committee will determine the type of offering, including terms and conditions, nature of security, record date, issue size, issue price, and timing of the issue. It is also empowered to take all necessary actions incidental to the offering(s), subject to necessary approvals.

Meeting Details

The board meeting was held on July 20, 2026. The proceedings commenced at 20:25 PM and concluded at 20:56 PM. The disclosure was made to the National Stock Exchange of India Ltd in reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ROX Hi-Tech Limited inaugurated its new office at 1st Floor, ELCOT SEZ, Trichy – 620026 on June 26, 2026, marking a significant milestone in the company's growth journey and reinforcing its commitment to innovation and operational excellence. The new facility is designed to support future growth initiatives while providing an enhanced working environment for employees. This expansion strengthens the company's presence in one of Tamil Nadu's key technology hubs.

The inauguration ceremony was attended by the company's leadership, employees, business associates, clients, and distinguished guests. The event celebrated the beginning of a new phase of strategic growth and regional expansion for the organization.

Strengthening Operational Capabilities

The new office is expected to enhance delivery capabilities for existing and prospective clients. It will support the company's expanding workforce and improve collaboration, innovation, and operational efficiency.

Management Commentary

Commenting on the occasion, Mr. Jim Rakesh, Managing Director, ROX Hi-Tech Limited, said: "The inauguration of our new office is a significant milestone in ROX Hi-Tech Limited's growth journey. This expansion reflects our commitment to delivering innovative technology solutions while creating a collaborative environment that empowers our employees and enhances value for our customers. We remain focused on sustainable growth, operational excellence, and building long-term relationships with all our stakeholders."

About ROX Hi-Tech Limited

rox hi-tech is a technology solutions company focused on delivering innovative IT services and digital transformation solutions. The company offers a comprehensive portfolio of services including distributed IT solutions, encompassing consulting, enterprise computing, end-user services, managed print, and network solutions.