The company has announced a board meeting on November 10 to review the financial results for the quarter and half-year.

The board will also consider a proposal to raise funds up to Rs 500 Cr.

This fundraising could involve issuing equity shares or other equity-linked securities through various methods, such as a Qualified Institutions Placement or a Rights Issue.

This move is significant as it provides capital for business growth and strengthens the company's financial position, subject to necessary approvals, benefiting shareholders by supporting future operations.