Growington Ventures India Ltd — Updates, 24-04-2025: Company Update

GROWINGTON VENTURES INDIA LIMITED has announced a board meeting outcome regarding a Rights Issue, proposing to issue 48.17 crore fully paid-up equity shares at an issue price of ₹1 per share, aggregating to ₹48.17 crore. The record date to determine eligible shareholders is April 29, 2025, with the Rights Issue period starting on May 14, 2025, and closing on May 24, 2025. There was a correction made in the previous announcement regarding the total number of shares and the outstanding shares post-issue. This capital raise could enhance liquidity and support growth initiatives, potentially fostering a positive outlook among investors.