Viaz Tyres Limited — Board Meeting, 13-11-2024: Outcome of Board Meeting

The Board of Directors of Viaz Tyres Limited has announced a board meeting on November 13, 2024, during which they approved the financial results for the quarter and half-year ended September 30, 2024, showing a net profit of ₹1.30 crore. Additionally, the board approved an increase in the authorized share capital from ₹12.51 crore to ₹25 crore and the proposal to raise funds up to ₹50 crore through various means, subject to necessary approvals. This sets a constructive path for future growth and capital structure enhancement.