D. P. Abhushan Limited — QIP/Rights/Pref., 26-03-2025: Allotment of Securities
26-03-2025 · 07:27 pm
D. P. Abhushan Limited has announced a board meeting on March 26, 2025, where it approved the allotment of 49,500 equity shares following the exercise of warrants. This conversion involved a payment of ₹4.38 Cr by Vijit Global Securities Private Limited, leading to an increase in the company's paid-up equity share capital from ₹22.61 Cr to ₹22.66 Cr.
This development strengthens the company's equity base, potentially enhancing investor confidence and providing capital for growth initiatives. Overall, it presents a positive outlook for shareholders as it reflects active management of capital resources.
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