White Organic Retail Ltd — Others, 07-04-2025: Notice of 1st Extra-Ordinary General Meeting of the members of Company for the F.Y. 2025-26.
White Organic Retail Limited has announced a board meeting on April 29, 2025, at 2:00 PM (IST) to discuss significant agenda items. The company plans to change its name to “Diva Organic Living Limited,” aiming for improved market representation. Additionally, it seeks approval to issue 4,00,00,000 equity shares at ₹10 each on a preferential basis to raise ₹40 crore. The funds are intended for growth in various sectors, including yoga, organic agricultural products, and wellness hospitality. The acquisition of Seven Billion Breaths Private Limited through a cashless share swap is also on the agenda, valued at ₹156 per share, with a proposed swap ratio of 78:5. This rebranding and capital raising strategy may positively impact investor sentiment, aligning with the company's broader growth objectives.
