Ador Multiproducts Ltd — Updates, 16-05-2025: Company Update
16-05-2025 | 07:32 pm
16-05-2025 | 07:32 pm
Ador Multiproducts Limited has announced a board meeting where it approved the allotment of 48.87 lakh equity shares at Rs. 31.41 each to non-promoter individuals, increasing the paid-up equity capital to Rs. 9.56 Cr. Additionally, the company allotted 93.12 lakh fully convertible warrants at the same price to non-promoter investors. Key allottees include Mr. Arvinder Singh Pasricha and Mrs. Aman Pasricha Balsara, who will move to the promoter group post open offer. This capital infusion strengthens the company’s equity base and could support future growth plans.
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