04-Jul-2026 12:14:18

CARGOSOLGeneral news

CARGOSOL LOGISTICS: BOARD APPROVES RAISING FUNDS VIA FCCBS

• Board approved proposal to raise funds by issuing Foreign Currency Convertible Bonds (FCCBs) up to USD 15 Million. • Funds may be raised through preferential issue on a private placement basis, qualified institutional placement, or other methods. • Issuance is subject to shareholder and regulatory approvals. • Board also approved notice for Extra-Ordinary General Meeting (EGM) to be held on July 31, 2026. • EGM will seek approval for the businesses as set out in the Notice of EGM, including the fund-raising proposal.

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