New Delhi, June 3 -- Small-cap stock Blue Cloud Softech Solutions was locked in its 2 percent upper circuit at Rs.23.04 on Tuesday, June 3, in an otherwise subdued market session. The rally followed the company's announcement that its Board of Directors will meet on Thursday, June 5, 2025, to deliberate on key fundraising initiatives, including a preferential issue of securities.

In a filing with the BSE, the company said the meeting is scheduled to be held at 5:00 PM, with the primary agenda being the raising of funds via the issuance of securities on a preferential basis, subject to regulatory and statutory approvals. The move is expected to help the company strengthen its capital base and support its ongoing expansion strategy.

The c...