something happening?, page-23

That might be the plan B approach, but my understanding is that plan A is for a placement to an interested investor (related or unrelated) with no additional funds from the existing retail shareholder base. AGM approval has already been provided for this.

The question is whether these new shares are dumped or held for the long term. Assuming they hold, there will be no downward share selling pressure and the company's prospects will materially improve.

The timing of such placement will be deferred as long as possible so that any near term good news can be absorbed by the market, thus improving the terms of the placement for existing shareholders.

As per AGM comments, there are a number of funding options available and good news from TIMO, Pilkington or TATA projects will help.