ALPHA TRIBE

Trishakti Industries LtdUpdates, 28-04-2025: Company Update

28-04-2025 | 03:28 pm

Trishakti Industries Limited has confirmed that there is no deviation in the use of funds from the recent preferential issue of equity shares, amounting to ₹12.71 Crore raised through 14,77,550 shares at ₹86 each. This statement, reviewed by the Audit Committee, assures stakeholders that the funds align with the original purpose of expanding the fleet of earth-moving equipment.

The clarity provided should bolster investor confidence, given the company's adherence to its financial strategy and commitments, leading to a potentially positive sentiment in the market for Trishakti Industries.

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