Ester Industries Limited — Important, 30-04-2025: General Updates

Ester Industries has approved the allotment of 35,44,302 equity shares, raising its paid-up equity share capital to ₹48.79 Cr, now divided into 9,75,86,191 shares. The shares are issued at ₹158 each through a preferential allotment primarily to MOVI Limited from the promoter category. This capital increase is expected to enhance liquidity and strengthen the company's financial position, potentially supporting future growth initiatives.