Som Distilleries & Breweries Limited — Important, 25-04-2025: General Updates
25-04-2025 | 06:04 pm
25-04-2025 | 06:04 pm
Som Distilleries and Breweries Limited has completed a preferential issue of 20,00,000 equity shares at an issue price of Rs.112 each, attracting a total amount of Rs.22.40 Crore from Som Distilleries Private Limited, its promoter. Following this allotment, the company's paid-up equity share capital has increased to Rs.41.58 Crore, consisting of 2,07,90,131 equity shares. This strategic move enhances the promoter's stake, potentially supporting operational expansion and strengthening the company's financial position. Investors should keep a close watch on how this capital infusion could impact future growth prospects and shareholder value.
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