Nandani Creation Limited — Important, 21-03-2025: General Updates

Nandani Creation Limited has conducted an Extra Ordinary General Meeting (EGM) through video conferencing, confirming no promoter loan repayment from funds raised under a preferential issue. During FY 2024-25, the company allotted 4,50,000 equity shares on a preferential basis and an additional 53,27,656 rights equity shares at ₹30 each. The pricing for these shares complies with SEBI guidelines, setting the minimum issue price at ₹44 per share based on trading averages. This strategic capital raising could enhance liquidity and investor confidence, suggesting a positive outlook for shareholder value.