Gconnect Logitech and Supply Chain's board has approved a significant capital restructuring.

The company plans to increase its Authorized Share Capital from 4 Cr to 11 Cr.

Concurrently, it will issue up to 64.83 lakh new equity shares at ₹18.31 per share via a preferential issue, raising approximately 11.87 Cr.

These funds will come from 17 investors, including both promoter and non-promoter groups.

An Extra Ordinary General Meeting will be convened to seek shareholder approval for these proposals.

This move aims to strengthen the company's capital base and support future growth initiatives.