Netweb Technologies India Limited announced the Board approved raising of funds for an aggregate amount of up to Rs 1,200.00 Crore through various securities. The Company will issue equity shares, preference shares, convertible debentures, non-convertible debentures with warrants, and other equity-based securities. Shareholders will approve the fund raise through postal ballot subject to Ministry of Corporate Affairs provisions. The Board meeting commenced at 7:30 PM and concluded at 8:20 PM.‑9:30 PM.
The Fund Raising Committee has been constituted to determine the mode, timing, structure and terms of the proposed fund raise. The Committee will set the type and number of securities, issue price, class of investors, tranche proportions and timing. All actions necessary to effectuate the fund raise will be executed subject to shareholder and regulatory approvals. Netweb Technologies India Limited filed the announcement with both BSE and NSE exchanges.
The disclosures include maximum amount of Rs 1,200.00 Crore inclusive of any premium as may be fixed in such securities. The filing complies with SEBI Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Netweb Technologies India Limited maintains its registered office at Plot No. H-1, Block-H, Pocket No. 9, Faridabad Industrial Town, Sector-57, Faridabad, Haryana 121004.
The Company Secretary and Compliance Officer Lohit Chhabra signed the filing confirmed the announcement details. Netweb Technologies India Limited board meeting held on Wednesday, July 01 2026 covered all ancillary actions related to the fund raise. The announcement follows the regulatory requirement for material disclosure in corporate governance compliance.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.