Garware Technical Fibres Limited — QIP/Rights/Pref., 06-01-2025: Allotment of Securities

Garware Technical Fibres has announced a board meeting where it allotted 7,94,12,676 fully paid-up bonus equity shares at a face value of ₹10 each in a 4:1 ratio, providing four new shares for every one existing share held. The record date for this allotment was set on January 3, 2025. Following this issuance, the company's paid-up equity share capital has increased to ₹99.27 crore, comprising 9,92,65,845 equity shares.