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Hari Govind International Ltd has announced a board meeting on the preferential issue of 37.75 lakh equity shares at ₹10 each on a private placement basis. Fourteen investors, including promoters and non-promoters, are proposed allottees, with promoters receiving 15 lakh shares (about 17% post-issue stake) and the rest allotted to non-promoters. The corrected disclosure clarifies previous clerical errors without changing any other details. This capital raise aims to strengthen the company’s equity base, potentially supporting growth or operational needs important for shareholders.