Alpha Tribe

Euro Asia Exports LtdOthers, 07-04-2025: This is to inform to all the stakeholders that Board of Directors in their meeting held today i.e 7th April, 2025 has allotted 21,50,000 Equity shares to Non Promoters on Preferential basis ....

07-04-2025 · 06:30 pm

Euro Asia Exports Limited has announced a board meeting regarding the allotment of 21,50,000 equity shares on a preferential basis at an issue price of ₹10 per share, totaling ₹2.15 crore. This approval is backed by shareholder consent from February 2024 and will increase the paid-up capital from ₹1.57 crore to ₹3.72 crore. The shares will dilute the promoters' stake to 6.83% from 16.18%, significantly expanding public shareholders' ownership to 93.17%. This strategic move may enhance liquidity and investor sentiment, providing a positive outlook for the company's growth trajectory.

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