Board Meeting Outcome for Outcome Of Board Meeting Held On October 16, 2026

Summary by 6ix AI

The board approved an increase in authorized share capital and proposed to raise funds through a Qualified Institutional Placement, subject to shareholder approval. Additionally, the board discussed the issuance of convertible warrants to investors, which will allow for future equity share conversions. Details regarding the proposed investors and the terms of the issuance are included in the annexures of the filing.

Written by 6ix AI from the company’s filing. How 6ix writes summaries