Netweb Technologies India Limited (NETWEB) — Voting Results

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📢 Key Event
Shareholders to vote on special resolution for up to ₹1,200 Crore fundraising via QIP/preferential issue

🔄 What Changed
Fundraising amount increased to ₹1,200 Crore; voting period extended to August 1, 2026

🔮 What's Next
Board to determine pricing and timing of fundraise; proceeds to be monitored quarterly

💡 Investor Takeaway
This resolution allows the company to raise capital without needing fresh shareholder approval for each tranche, increasing financial flexibility but adding dilution risk.

Netweb Technologies India Limited announced a special resolution to raise up to ₹1,200 crores via QIP, private placement, or preferential issues, with e-voting open from July 3 to August 1, 2026. Shareholders must register via RTA or InstaVote using NSDL/CDSL credentials to cast votes remotely. The resolution requires majority approval and will be finalized by August 5, 2026, pending regulatory compliance.

📄 View Original Announcement (PDF)

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