S. M. Gold Ltd — Updates, 19-05-2025: Company Update

S. M. GOLD LIMITED has announced a board meeting approving the allotment of 32 lakh fully paid equity shares at Rs. 21 each (including Rs. 11 premium) to two non-promoter entities—Veeram Vendors Pvt Ltd and Veeram Barter Pvt Ltd—on a preferential basis, raising Rs. 6.72 Cr. Post allotment, the company’s paid-up equity share capital increased to Rs. 13.24 Cr from Rs. 10.04 Cr. This capital infusion by new investors strengthens the company’s equity base, potentially supporting future growth and operations.