D. P. Abhushan Limited — QIP/Rights/Pref., 07-02-2025: Issue of Securities

D. P. Abhushan Limited has announced a board meeting to approve fundraising through the issuance of equity shares and/or convertible bonds, with a total amount not exceeding ₹600 crore. The company plans to execute this via public or private offerings, including a qualified institutional placement. Additionally, a postal ballot will be conducted to seek shareholder approval for this issuance. The board also appointed M/s. ALAP & Co. LLP as the secretarial auditor for FY 2024-25.

For the quarter ended December 31, 2024, the company reported a total income of ₹100.48 crore and a profit after tax of ₹27.34 crore, reflecting strong operational performance.