Hari Govind International Ltd — Updates, 15-05-2025: Company Update

Hari Govind International Limited has announced a board meeting on the issue of 37.75 lakh equity shares at ₹10 each through a preferential private placement. Fourteen investors, including proposed promoters, are set to receive shares, with the largest allotment being 10 lakh shares to Shaju Thomas. Post-issue, these shares will represent approximately 43% of the company's equity. The company clarified and corrected a prior clerical error related to this preferential issue without any changes to other submitted details. This capital raise aims to support the company’s financial position and growth plans.