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Latest filing: 2026-09-05 15:22
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CCME Global calls 34th AGM on Sep 29, 2026; proposes raising authorised capital from ₹60 Cr to ₹200 Cr
CCME Global Limited (formerly Genesis IBRC India Limited) has issued notice for its 34th Annual General Meeting scheduled on September 29, 2026. Key special business items include increasing the authorised share capital from ₹60 crore (6 crore shares of ₹10 each) to ₹200 crore (20 crore shares of ₹10 each) and approving an issuance of equity shares on a preferential basis. Additionally, shareholders will vote on regularizing Independent Director Ms. Ami Oza and appointing M/s Desai Saksena & Associates as statutory auditors for a 5-year term following the resignation of previous auditors in June 2026.
Confidence: HIGH
What changedThe company formally initiated shareholder voting to significantly expand its authorised share capital to ₹200 crore and approve a preferential equity issue.
Why it mattersA substantial increase in authorised capital creates headroom for equity fundraising, which could lead to equity dilution but provide necessary growth or working capital for the company.
Existing Authorised Capital: ₹60,00,00,000Proposed Authorised Capital: ₹200,00,00,000AGM Date: September 29, 2026E-voting Cut-off Date: September 22, 2026
📅 Short termShareholders can participate in remote e-voting between September 26 and September 28, 2026, ahead of the AGM on September 29, 2026.
📈 Long termThe creation of additional share capital headroom signals potential balance sheet restructuring or capital infusion plans over the medium to long term.
⚠ Risk flags
- Potential equity dilution risk from the proposed preferential issue
- Change in statutory auditors due to resignation earlier in the year
Key Highlights
Authorised share capital proposed to increase more than threefold from ₹60 crore to ₹200 crore
Shareholder approval sought for equity share issuance on a preferential basis
34th AGM scheduled for September 29, 2026, with cut-off date for e-voting set as September 22, 2026
Appointment of Desai Saksena & Associates as statutory auditors for 5 years up to AGM in 2031
👀 What to Watch
Track the outcome of the AGM voting on September 29, 2026, and watch for subsequent disclosures regarding specific preferential issue pricing, size, and allottees.
CCME Global approves Rs 151.07 Cr preferential issue for UAE acquisitions & 1:10 stock split
CCME Global Ltd has approved a massive equity expansion and acquisition plan. The company will acquire stakes in two UAE-based entities: a >50% stake in Cash & Carry Middle East FZCO via a share swap worth Rs 112.73 Cr (11.27 Cr shares at Rs 10) and a 52% stake in Interlink Distribution LLC via a share swap worth Rs 20.34 Cr (2.03 Cr shares at Rs 10). Additionally, it plans to raise Rs 18.00 Cr in cash via a preferential allotment of 1.80 Cr shares at Rs 10 each. The board also approved a 1:10 stock split and shifting its registered office from Andhra Pradesh to Maharashtra, subject to shareholder approval at the AGM on September 29, 2026.
Confidence: HIGH
What changedCCME Global is pivoting operations by acquiring two Middle East distribution entities and expanding its share capital from ~4.5 Cr shares to over 19.63 Cr shares via preferential allotment.
Why it mattersThe company reported near-zero revenue in FY26; these major acquisitions completely restructure the business scale, though it entails massive equity dilution at a fixed issue price of Rs 10 per share.
Total Preferential Issuance Value: INR 151,06,72,490Cash & Carry Middle East Swap Value: INR 112,72,50,000Interlink Distribution Swap Value: INR 20,34,22,490Cash Fundraise Amount: INR 18,00,00,000Stock Split Ratio: 1:10Total Fundraise vs Current Market Cap: ~101.4%
📅 Short termShare price may experience volatility given the massive impending share dilution at Rs 10 (vs current market price of Rs 41.80), alongside the upcoming AGM vote on September 29, 2026.
📈 Long termIf successfully executed, the acquisitions provide operating assets and revenues to a previously dormant entity, but valuation justifications and post-merger governance remain critical.
⚠ Risk flags
- Severe equity dilution from issuing 15.11 Cr shares at Rs 10 per share (current market price is Rs 41.80).
- Execution and cross-border integration risks of acquiring overseas UAE entities.
- Pending approval from shareholders and regulatory authorities.
Key Highlights
Board approved preferential issue of up to 15.11 Cr equity shares at Rs 10 each, aggregating Rs 151.07 Cr.
Acquiring stake in Cash & Carry Middle East FZCO for Rs 112.73 Cr consideration via 11.27 Cr swap shares.
Acquiring 52% stake in Interlink Distribution LLC for Rs 20.34 Cr consideration via 2.03 Cr swap shares.
Preferential cash fundraise of up to Rs 18.00 Cr (1.80 Cr shares at Rs 10 each).
Approved 1:10 stock split, reducing face value from Rs 10 to Rs 1 per equity share.
👀 What to Watch
Track shareholder voting outcomes at the upcoming AGM on September 29, 2026, and monitor regulatory approvals and subsequent integration/financial consolidation of the acquired UAE entities.
CCME Global approves Rs 151 Cr preferential issue & acquisitions, plus 1:10 stock split
CCME Global's board approved major corporate acquisitions and a preferential issue of equity shares at Rs 10 each, totaling up to ~Rs 151.07 Cr. The company is acquiring stakes in Cash & Carry Middle East FZCO (Rs 112.73 Cr via swap plus cash) and Interlink Distribution LLC (52% stake for Rs 20.34 Cr via swap), alongside an Rs 18 Cr cash fundraise. The board also approved a 1:10 stock split (face value from Rs 10 to Rs 1) and shifting the registered office to Maharashtra, subject to shareholder approval at the AGM on September 29, 2026.
Confidence: HIGH
What changedCCME Global agreed to acquire controlling stakes in two Middle East trading/distribution entities through major share swaps and cash, and announced a 1:10 stock split.
Why it mattersThe acquisitions represent a complete strategic overhaul and reverse-asset injection for a company with near-zero TTM revenue, but come with massive equity dilution (increasing share capital ~15x).
CCME UAE swap consideration: INR 112,72,50,000Interlink swap consideration: INR 20,34,22,490Cash preferential issue: INR 18,00,00,000Issue price per share: INR 10Post-issue paid-up capital: INR 196,31,72,490Stock split ratio: 1 : 10
📅 Short termShareholders will focus on the upcoming AGM on September 29, 2026, and the valuation details of the incoming assets relative to the substantial equity dilution.
📈 Long termIf successfully executed, the business will pivot to Middle East trading/distribution operations; however, actual revenue and margin contribution from the target entities will dictate sustainability.
⚠ Risk flags
- Severe equity dilution with issued share count increasing over 10-fold
- Cross-border M&A execution and integration risks across UAE entities
- Requires shareholder and statutory/regulatory approvals
Key Highlights
Approved acquisition of CCME UAE via share swap of up to 11.27 Cr shares valued at Rs 112.73 Cr plus cash purchase
Approved acquisition of 52% stake in Interlink Distribution LLC via share swap of 2.03 Cr shares worth Rs 20.34 Cr
Approved preferential issue of up to 1.80 Cr shares for cash at Rs 10 per share, raising Rs 18.00 Cr
Approved 1:10 stock split, subdividing 1 equity share of face value Rs 10 into 10 equity shares of face value Rs 1
Total post-allotment issued & paid-up share capital to expand to Rs 196.32 Cr (19.63 Cr shares) prior to split
👀 What to Watch
Track voting outcomes at the upcoming AGM on September 29, 2026, followed by regulatory clearance timelines, final acquisition closings, and subsequent financial integration into consolidated earnings.
CCME Global approves Rs 151 Cr preferential issue for acquiring CCME UAE & Interlink, plus 1:10 split
CCME Global approved a massive corporate restructuring, including the acquisition of Cash & Carry Middle East FZCO (UAE) and a 52% stake in Interlink Distribution LLC for an aggregate share swap consideration of ~Rs 133.07 Cr. In addition, the Board approved a cash preferential issue of Rs 18.00 Cr (1.80 crore shares at Rs 10 each). The total preferential issue of ~15.11 crore equity shares at Rs 10 per share will expand paid-up equity to Rs 196.32 Cr, alongside an approved 1:10 stock split.
Confidence: HIGH
What changedCCME Global is executing a massive reverse-takeover-scale transaction, issuing ~15.11 crore shares to acquire CCME UAE and Interlink LLC alongside an Rs 18 Cr fundraise and 1:10 stock split.
Why it mattersThe company has virtually zero operational revenue (TTM revenue Rs 0 Cr), making these acquisitions a total operational transformation, albeit with massive equity dilution as share capital expands to Rs 196.32 Cr.
CCME UAE Swap Value: Rs 112.73 CrInterlink Swap Value: Rs 20.34 CrCash Preferential Issue: Rs 18.00 CrIssue Price per Share: Rs 10Sub-division (Split) Ratio: 1:10Post-issue Paid-up Capital: Rs 196.32 Cr
📅 Short termVoting outcomes at the AGM on September 29, 2026, and details on valuation fairness at the Rs 10 issue price (versus current market price of Rs 41.80) will be key focus areas.
📈 Long termIf successfully integrated, these acquisitions will reposition the company from a shell/dormant entity to an active Middle East distribution and trading business.
⚠ Risk flags
- Extreme equity dilution through the issuance of over 15 crore fresh shares at par value of Rs 10
- Cross-border M&A execution, compliance, and regulatory approval risks
- Lack of detailed financial track record provided for the target entities in the initial brief
Key Highlights
Approved acquisition of CCME UAE for a share swap consideration of Rs 112.73 Cr (11.27 crore equity shares at Rs 10 each).
Approved acquisition of 52% of Interlink Distribution LLC for Rs 20.34 Cr via swap of 2.03 crore shares at Rs 10 each.
Approved cash preferential issue of 1.80 crore shares at Rs 10 each to raise Rs 18.00 Cr.
Approved 1:10 stock split, subdividing each Rs 10 face value share into 10 shares of Rs 1 face value.
Shareholder approval will be sought at the 34th AGM scheduled for September 29, 2026.
👀 What to Watch
Track shareholder approval at the AGM on September 29, 2026, regulatory clearances for cross-border acquisitions, and subsequent consolidated financial disclosures of the acquired UAE businesses.
CCME Global approves ₹133.07 Cr dual acquisitions via share swap and 1:10 stock split
CCME Global's board has approved the acquisition of a controlling stake in Cash & Carry Middle East FZCO for ₹112.73 Cr (45% via swap plus cash buyout) and 52% of Interlink Distribution LLC for ₹20.34 Cr via share swap. To fund and execute these transactions, the company will issue up to 15.11 Cr equity shares at ₹10 each on a preferential basis, including ₹18 Cr in cash. The board also approved a 1:10 stock split, increasing paid-up equity capital to ₹196.32 Cr, and shifting the registered office to Maharashtra, all subject to shareholder approval at the AGM on September 29, 2026.
Confidence: HIGH
What changedThe board approved transformative acquisitions of CCME UAE and Interlink LLC funded via preferential share swaps of ₹133.07 Cr, an ₹18 Cr cash raise, and a 1:10 stock split.
Why it mattersFor a company with near-zero TTM revenue (₹0.04 Cr in FY26), these acquisitions and massive equity expansion (expanding post-issue capital to ₹196.32 Cr) represent a complete business restructuring and massive equity dilution at ₹10/share vs CMP of ₹41.8.
CCME UAE swap consideration: ₹112.725 CrInterlink swap consideration: ₹20.342 CrPreferential cash fundraise: ₹18.00 CrPreferential issue price: ₹10 per shareStock split ratio: 1:10Post-issue paid-up capital: ₹196.32 Cr
📅 Short termMarket focus will center on the deep discount of the preferential issue price (₹10) relative to market price (₹41.8) and voting outcomes at the September 29, 2026 AGM.
📈 Long termIf successfully executed, the reverse-takeover-style acquisitions could establish operating cash flows in retail/distribution, replacing the legacy inactive biotechnology operations.
⚠ Risk flags
- Severe equity dilution from issuing 15.11 Cr new shares at ₹10/share
- Integration and cross-border regulatory risks in UAE entities
- Approvals required from members and statutory regulators
Key Highlights
Approved acquisition of >50% in Cash & Carry Middle East FZCO via ₹112.73 Cr share swap and cash buyout
Approved acquisition of 52% in Interlink Distribution LLC for ₹20.34 Cr via share swap
Preferential issuance of up to 15.11 Cr shares at ₹10 per share (including ₹18 Cr cash subscription)
Proposed 1:10 stock split reducing face value from ₹10 to ₹1 per equity share
34th AGM scheduled for September 29, 2026 to seek shareholder approvals
👀 What to Watch
Track shareholder e-voting and regulatory approvals at the upcoming AGM on September 29, 2026, alongside audited financials and business profiles of the acquired Middle East entities.
CCME Global approves ₹133.07 Cr dual acquisitions via share swap and 1:10 stock split
CCME Global's board approved the acquisition of a majority stake in Cash & Carry Middle East FZCO (CCME UAE) for ₹112.73 Cr (issuing 11.27 Cr shares at ₹10 each) and 52% of Interlink Distribution LLC for ₹20.34 Cr (issuing 2.03 Cr shares at ₹10 each) via share swaps. The board also approved a cash preferential issue of up to 1.80 Cr shares aggregating ₹18.00 Cr, and a 1:10 stock split from ₹10 to ₹1 face value. Together, the preferential issues will expand paid-up equity to 19.63 Cr shares (₹196.32 Cr) pre-split, significantly altering the company's capital base and business profile subject to shareholder approval on September 29, 2026.
Confidence: HIGH
What changedThe company approved major overseas acquisitions worth over ₹133 Cr through massive equity issuance alongside an ₹18 Cr cash fundraise and a 1:10 stock split.
Why it mattersFor a company with near-zero TTM revenue, this marks a complete operational transformation and massive share capital expansion, which will fundamentally reset revenue and equity bases.
CCME UAE Swap Consideration: ₹112.73 CrInterlink LLC Swap Consideration: ₹20.34 CrCash Preferential Issue: ₹18.00 CrTotal Deal vs Market Cap (₹149 Cr): ~101.4%Post-Issue Paid-Up Capital: ₹196.32 CrStock Split Ratio: 1:10
📅 Short termMarket focus will center on shareholder approval at the September 29, 2026 AGM and pricing clarity on the preferential allotments.
📈 Long termIf successfully integrated, these acquisitions will introduce operating trading assets to a currently dormant entity, though existing shareholders face severe equity dilution.
⚠ Risk flags
- Massive equity dilution from the issuance of ~15.11 Cr new shares against an existing small equity base
- Execution and operational integration risks in overseas Middle East entities
- Transaction remains subject to shareholder and statutory/regulatory approvals
Key Highlights
Approved acquisition of CCME UAE via share swap of up to 11,27,25,000 shares @ ₹10 each worth ₹112.73 Cr for a 45% swap stake plus cash purchase for majority control
Approved acquisition of 52% stake in Interlink Distribution LLC via share swap of 2,03,42,249 shares @ ₹10 each worth ₹20.34 Cr
Proposed preferential cash fundraise of up to 1,80,00,000 shares @ ₹10 each aggregating up to ₹18.00 Cr
Approved 1:10 stock split (sub-division of 1 equity share of ₹10 FV into 10 equity shares of ₹1 FV)
Post-allotment paid-up capital will expand to ₹196.32 Cr (19,63,17,249 shares of ₹10 each pre-split)
👀 What to Watch
Track voting outcomes at the upcoming 34th AGM scheduled for September 29, 2026, and watch for regulatory approvals and closing timelines for the dual acquisitions.
CCME Global approves ₹133 Cr overseas acquisitions via share swap and 1:10 stock split
CCME Global's board approved the acquisition of a majority stake in UAE-based Cash & Carry Middle East FZCO for ₹112.73 Cr and 52% of Interlink Distribution LLC for ₹20.34 Cr via share swaps. To fund and execute these transactions, the company will issue up to 13.31 Cr equity shares via swap and up to 1.80 Cr shares for cash at ₹10 each (raising ₹18 Cr). Additionally, the board approved a 1:10 stock split (sub-dividing ₹10 face value shares to ₹1) and shifting the registered office from Andhra Pradesh to Maharashtra, subject to shareholder and regulatory approvals.
Confidence: HIGH
What changedCCME Global approved acquiring majority stakes in two overseas distribution entities for ~₹133 Cr via share swap alongside an ₹18 Cr cash fundraise and a 1:10 stock split.
Why it mattersFor a company with near-zero TTM revenue, this represents a complete business transformation and reverse-merger style restructuring, though it entails massive equity dilution.
CCME UAE Swap Value: ₹112.73 crInterlink LLC Swap Value: ₹20.34 crCash Fundraise via Preferential Issue: ₹18.00 crTotal Preferential Shares to be Issued: 15,10,67,249 sharesPost-Issue Paid-Up Capital: ₹196.32 crStock Split Ratio: 1:10
📅 Short termShareholder voting on September 29, 2026, pricing dynamics around the ₹10 issue price versus the market price, and regulatory filings will drive sentiment.
📈 Long termIf successfully executed, the acquisitions will bring operating overseas FMCG/distribution assets into a previously non-operational listed shell, completely altering its revenue profile.
⚠ Risk flags
- Massive equity dilution as issued share capital increases to ~19.63 Cr shares (₹196.32 Cr)
- Execution and integration risks relating to overseas entities (UAE)
- Approvals required from statutory authorities and shareholders at the AGM
Key Highlights
Acquisition of >50% stake in Cash & Carry Middle East FZCO via share swap of ₹112.73 Cr (11.27 Cr shares at ₹10 each) plus cash purchase
Acquisition of 52% stake in Interlink Distribution LLC via share swap of ₹20.34 Cr (2.03 Cr shares at ₹10 each)
Preferential cash fundraise of up to ₹18.00 Cr through the allotment of up to 1.80 Cr equity shares at ₹10 per share
Stock split approved in the ratio of 1:10, reducing face value from ₹10 to ₹1 per equity share
Post-allotment paid-up equity share capital to reach ₹196.32 Cr (19.63 Cr shares of ₹10 each pre-split)
👀 What to Watch
Track voting outcomes at the upcoming AGM on September 29, 2026, and monitor regulatory approvals for the massive equity dilution and overseas entity integration.
CCME Global Q1 FY27: Zero Operating Revenue, Net Loss Widens to ₹26.42 Lakh; Appoints Internal Auditor
CCME Global Limited reported zero revenue from operations and other income of ₹0.05 lakh for the quarter ended June 30, 2026. Net loss widened to ₹26.42 lakh compared to a net loss of ₹11.81 lakh in Q1 FY26, driven by higher employee benefits (₹6.69 lakh) and other expenses (₹17.47 lakh). The Board approved the appointment of M/s G J M S & Associates LLP as Internal Auditors for FY 2026–2027. Additionally, the company reported nil deviation in the deployment of ₹32.25 crore raised via preferential issue in March 2026, with ₹22.76 lakh utilized to date across business expansion, working capital, and general corporate purposes.
Confidence: HIGH
What changedCCME Global reported Q1 FY27 financials with ongoing operational losses and appointed M/s G J M S & Associates LLP as Internal Auditors for FY27.
Why it mattersThe company remains in a pre-operational or pivot stage with zero operating turnover, relying on recent capital infusion (₹32.25 crore) to establish FMCG and commodity distribution activities.
Q1 FY27 Revenue from Operations: ₹0.00 lakhQ1 FY27 Net Loss: ₹-26.42 lakhPreferential Issue Proceeds Raised: ₹32.25 croreFundraise vs Net Worth (₹40 Cr): ~80.6%Basic & Diluted EPS (Q1 FY27): ₹-0.06
📅 Short termMuted market reaction expected given consistent zero operating revenue and continuing nominal quarterly losses.
📈 Long termTurnaround is strictly dependent on the successful deployment of ₹32.25 crore preferential funds into revenue-generating FMCG and commodity trading assets.
⚠ Risk flags
- Zero operating revenue with persistent operating burn
- High ownership concentration with history of regulatory non-compliance
- Execution risk on pivot to FMCG/commodities distribution
Key Highlights
Revenue from operations stood at ₹0.00 lakh and other income was ₹0.05 lakh for Q1 ended June 30, 2026.
Net loss expanded to ₹26.42 lakh in Q1 FY27 versus ₹11.81 lakh in Q1 FY26 (and ₹50.07 lakh loss in Q4 FY26).
M/s G J M S & Associates LLP appointed as Internal Auditors for FY 2026-2027 effective August 14, 2026.
Reported nil deviation in utilization of ₹32.25 crore preferential issue proceeds, with ₹10.77 lakh deployed in working capital and ₹3.00 lakh in facility expansion.
Retrospective Ind AS 116 correction recognized Right-of-Use Asset of ₹26.89 lakh and Lease Liability of ₹26.31 lakh for FY26.
👀 What to Watch
Track the deployment of the remaining ₹32+ crore preferential issue proceeds into the proposed FMCG/commodities import-export business to see if commercial operations and top-line revenue materialize.
CCME Global Reports Q1 FY27 Net Loss of Rs 26.42 Lakh on Nil Revenue from Operations
CCME Global Ltd reported zero revenue from operations for the quarter ended June 30, 2026, unchanged from the prior-year period. Total income stood at Rs 0.05 lakh via other income, while total expenses expanded to Rs 26.47 lakh, resulting in a net loss of Rs 26.42 lakh compared to a loss of Rs 11.81 lakh in Q1 FY26. The company also disclosed that it has utilized only a minor portion of the Rs 32.25 crore raised through a preferential issue in March 2026 for its planned FMCG and commodities expansion.
Confidence: HIGH
What changedReported Q1 FY27 standalone loss of Rs 26.42 lakh on zero operational turnover and restated FY26 figures for Ind AS 116 lease compliance.
Why it mattersThe company remains operationally nascent with ongoing cash burn while attempting a strategic pivot into FMCG and commodity trading.
Revenue from operations (Q1 FY27): Rs 0.00 lakhNet Loss (Q1 FY27): Rs 26.42 lakhPreferential Fundraise: Rs 32.25 crFundraise vs Market Cap: ~17.6%Basic EPS: Rs -0.06
📅 Short termSentiment is expected to remain muted to negative given continued absence of core revenue and expanding quarterly losses.
📈 Long termLong-term viability depends entirely on deploying the newly raised capital effectively into viable FMCG distribution and import-export operations.
⚠ Risk flags
- Prolonged absence of operational revenue generation.
- Prior-period accounting error correction required under Ind AS 116.
- High ownership concentration with historical non-compliance penalties.
Key Highlights
Revenue from operations remained at Rs 0.00 lakh for Q1 FY27.
Net loss widened to Rs 26.42 lakh compared to Rs 11.81 lakh in Q1 FY26.
Total expenses stood at Rs 26.47 lakh, led by other expenses of Rs 17.47 lakh and employee costs of Rs 6.69 lakh.
Out of Rs 32.25 crore raised via preferential issue in March 2026, Rs 10.77 lakh was utilized for working capital and Rs 3.00 lakh for new business expansion.
👀 What to Watch
Track execution milestones and revenue commencement from the planned FMCG and commodity trading lines as the company deploys its Rs 32.25 crore capital raise.
CCME Global Posts Q1 Net Loss of ₹26.42 Lakh on Zero Operational Revenue
CCME Global reported zero operational revenue and a standalone net loss of ₹26.42 lakh for the quarter ended June 30, 2026, compared to a net loss of ₹11.81 lakh in Q1 FY26. Total expenses stood at ₹26.47 lakh, primarily comprising other expenses of ₹17.47 lakh and employee costs of ₹6.69 lakh. The company disclosed minimal deployment of its ₹32.25 crore preferential issue proceeds raised in March 2026, utilizing only ~₹22.76 lakh across working capital and expansion. Additionally, M/s G J M S & Associates LLP was appointed as the internal auditor for FY 2026-27.
Confidence: HIGH
What changedCCME Global reported Q1 FY27 results showing continued nil revenue, corrected prior-period lease accounting, and appointed new internal auditors.
Why it mattersThe company continues to burn cash without operational revenue, meaning business viability depends entirely on timely execution of its planned FMCG and commodities pivot.
Revenue from operations (Q1): 0.00 lakhNet loss (Q1): -26.42 lakhTotal expenses (Q1): 26.47 lakhPreferential funds raised: 32,25,00,000
📅 Short termSubdued financial performance with zero operational turnover provides little near-term fundamental support.
📈 Long termStructural revival depends on effective capital deployment into target acquisitions and working capital for its new distribution business.
⚠ Risk flags
- Zero core operating revenue
- Persistent operational losses
- Execution and business pivot risk into FMCG trading
Key Highlights
Revenue from operations was ₹0.00 lakh for the quarter ended June 30, 2026
Net loss widened YoY to ₹26.42 lakh from ₹11.81 lakh in Q1 FY26
Total expenses stood at ₹26.47 lakh against other income of ₹0.05 lakh
Only ~₹22.76 lakh deployed out of ₹32.25 crore preferential issue proceeds by June 30, 2026
👀 What to Watch
Monitor quarterly updates on the operational deployment of preferential issue proceeds to verify when commercial activities in the FMCG and commodities segment begin generating revenue.