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Omfurn India LimitedImportant, 25-04-2025: General Updates

25-04-2025 | 11:19 am

1. **Company Announcements**

Omfurn India Limited has provided details following an Extraordinary General Meeting held on April 16, 2025. Notably, the post-preferential issue shareholding of key allottee Mahendra Chitbahal Vishwakarma and others remains unchanged at approximately 14.92% after the issuance of warrants. The company also obtained a valuation report from CA Gaurav K Maheshwari, determining the fair value of equity shares at ₹95.37 for the preferential allotment, based on comprehensive methodologies including DCF and NAV. The valuation indicates no change in control post-allotment, suggesting stability in management structure and future operational continuity. Investors should observe the implications of this valuation in upcoming investment decisions, viewing it as a positive signal for share price stabilization.

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