NIBE Limited announced on December 23, 2025, that its Board of Directors has approved a proposal to raise funds up to ₹249.85 crore (Rupees Two Hundred and Forty-Nine Crore Eighty-Four Lakhs Ninety Six Thousand Only) through a preferential issue. The fundraising will be executed via the issuance of up to 4,40,000 equity shares at an issue price of ₹1,248 per share (including a premium of ₹1,238) and up to 15,62,000 equity warrants, each convertible into one equity share, at the same issue price of ₹1,248 per warrant. The total amount raised from this preferential issue is approximately ₹249.85 crore. The proposed allottees include Nibe Ganesh Ramesh, Eminence Global Fund PCC – Eubilia Capital Partners Fund I, Venus Investments VCC – Venus Stellar Fund, and North Star Opportunities Fund VCC – Bull Value Incorporated VCC Sub-Fund. The issuance is subject to shareholders' approval and other necessary regulatory approvals. An Extra-Ordinary General Meeting (EGM) is scheduled for January 22, 2026, to seek shareholder approval for this preferential issue. The Board meeting took place on December 23, 2025, from 4:19 PM to 4:43 PM. The equity shares and warrants will rank pari passu with existing equity shares upon allotment and conversion, respectively.