Jetmall Spices & Masala Limited has announced a crucial board meeting scheduled for October 27, 2025, to deliberate on and potentially approve a proposal for raising funds through various methods. This development comes as the company explores options to strengthen its financial position and support future growth initiatives.

Key Points of the Announcement

• Meeting Date: October 27, 2025
• Primary Agenda: Consider and approve fund raising proposal
• Potential Fund Raising Methods:
  • Preferential issue
  • Qualified institutional placement
  • Rights issue
  • Other permissible modes or a combination thereof

Regulatory Compliance and Approvals

The company has emphasized that any fund raising activity will be subject to necessary statutory and regulatory approvals. This may include shareholder approval, depending on the chosen method of fund raising.

Trading Window Closure

In line with regulatory requirements and the company's internal policies, Jetmall Spices & Masala Limited has implemented a trading window closure:

Additional Meeting Agenda

The board meeting will also address other incidental and ancillary matters related to the fund raising proposal.

Investor Considerations

While the company explores these funding options, it's important for investors to note that the final decision on fund raising is subject to board approval and subsequent regulatory clearances. The outcome of this meeting could potentially impact the company's capital structure and future growth strategies.

Investors and stakeholders are advised to await the official announcement post the board meeting for detailed information on the approved fund raising plan, if any, and its potential impact on the company's financial position and growth trajectory.

Jetmall Spices & Masala , a prominent player in the spices and masala industry, has successfully amended its Memorandum of Association to increase its authorized share capital. The move, approved by shareholders through a postal ballot, signals the company's preparedness for future growth and expansion.

Key Highlights

• Authorized Share Capital Increase: The company has raised its authorized share capital to Rs. 22.00 crore, divided into 2.20 crore equity shares of Rs. 10.00 each.
• Shareholder Approval: The amendment was passed through a postal ballot, demonstrating strong shareholder support for the company's strategic decisions.
• Future-Ready Move: This increase in authorized capital is aimed at facilitating future capital issuances, considering the company's current size and operations.

Voting Results

The postal ballot saw overwhelming support from shareholders. Here's a breakdown of the voting results:

The resolution to increase the authorized share capital and alter the Memorandum of Association was passed as an Ordinary Resolution with unanimous approval from voting shareholders.

Additional Resolutions

In addition to the share capital increase, shareholders also approved two special resolutions:

1. Issuance of warrants convertible into equity shares on a preferential basis to non-promoters.
2. Increase in limits for making investments, extending loans, and providing guarantees or securities in connection with loans to persons or bodies corporate.

Both these resolutions received 100% approval from the voting shareholders.

Management's Statement

Mr. Unni Krishnan Nair, Manager and Whole-Time Key Managerial Personnel of Jetmall Spices & Masala, stated, "The amendment to our Memorandum of Association reflects our commitment to creating a robust foundation for future growth. The increased authorized share capital provides us with the flexibility to raise funds as needed to support our expansion plans and operational requirements."

Looking Ahead

The increase in authorized share capital positions Jetmall Spices & Masala for potential equity fundraising activities in the future. This move could enable the company to pursue growth opportunities, invest in new technologies, or expand its market presence in the competitive spices and masala industry.

Investors and market watchers will be keen to observe how Jetmall Spices & Masala leverages this increased capital base to drive its business strategy and create value for shareholders in the coming months.