Vaswani Industries Limited — Board Meeting, 23-10-2024: Outcome of Board Meeting

Vaswani Industries Limited's Board meeting approved the preferential allotment of 13,46,153 equity shares to a promoter at a face value of Rs.10 each and a premium of Rs.42, raising approximately Rs.7 crore. Following the allotment, the paid-up capital increases to Rs.31.34 crore. The new shares will rank equally with existing shares. The disclosure is available on the company's website for further details.