Vaghani Techno Build Ltd — Updates, 10-05-2025: Company Update

Vaghani Techno-Build Limited has announced a board meeting approving the allotment of 2.35 crore convertible warrants on a preferential basis at Rs. 11 per warrant, with 25% upfront payment totaling Rs. 6.47 Cr received. Each warrant is convertible into one equity share within 18 months upon full payment. The allotment includes both promoter and non-promoter group investors. As these are warrants, there is no immediate change in the paid-up equity capital. This move aims to raise funds for the company, providing potential equity dilution in the near term and supporting business growth or capital requirements.