MosChip Technologies approved a preferential issue of 50,50,686 equity shares at Rs.222 to 69 investors, raising about Rs.112.19 Crore. The board approval covers the fund raise, with an AGM/postal ballot dated 25 November 2026.
Moschip Technologies Limited approved a preferential issue of 5,050,686 equity shares to 67 investors at ₹192 per share, raising ₹96.97 Crore. The capital raise increases paid-up share capital from 194,133,476 to 199,184,162 shares. An EGM for shareholder approval is scheduled for May 12, 2026, with a record date of May 1, 2026.
MosChip Technologies Limited has scheduled a Board Meeting on April 16, 2026, to consider a proposed preferential issue of equity shares. The issuance will be conducted in accordance with SEBI ICDR Regulations. This move signals a capital raise to support the company's financial objectives.