ALPHA TRIBE

Pyramid Technoplast LimitedBoard Meeting, 26-05-2025: Outcome of Board Meeting

26-05-2025 | 06:50 pm

The company has announced a board meeting outcome approving the consolidated financial results for the quarter and half-year, reflecting steady growth. It declared a dividend of Rs 2 per share, rewarding shareholders. Plans for raising up to Rs 100 Cr through a rights issue were also approved, aiming to strengthen the balance sheet and fuel expansion. Additionally, there was an appointment of a new CFO to steer finance strategy. No mergers or acquisitions were reported. Overall, the board is focused on growth and shareholder value with clear steps to boost liquidity and operational capacity.

No comments yet. Be the first to comment!

All announcements from Pyramid Technoplast Limited