Vaswani Industries Limited — Board Meeting, 08-05-2025: Outcome of Board Meeting

Vaswani Industries has announced a board meeting on May 8, 2025, approving a ₹8 Cr preferential equity share issue at ₹50 each, aimed at promoters with each allotted 4 lakh shares, slightly tweaking their stake. The company appointed M/s. Mund Bikram & Associates as Secretarial Auditor for FY24-25 and re-appointed M/s. Sanat Joshi & Associates as Cost Auditors for FY25-26. This capital raise is a move to bolster the balance sheet and back growth initiatives.