Celebrity Fashions Limited — Board Meeting, 04-02-2025: Outcome of Board Meeting

The board meeting has approved the issuance of up to 31,26,339 equity shares at an issue price of ₹ 16.06 per share to Paradisal Precision Private Limited on a preferential basis. This move requires the approval of shareholders through an Extra-Ordinary General Meeting (EGM). The total amount from the preferential issue is approximately ₹ 5.02 crore. This strategic decision aims to bolster the company's capital base, pending necessary regulatory approvals.