Cellecor Gadgets Limited — Updates, 04-06-2025: Press Release
04-06-2025 | 06:37 pm
04-06-2025 | 06:37 pm
Cellecor promoters plan to sell 10 million shares in the open market but will reinvest the proceeds fully as equity and interest-free loans. This will strengthen the balance sheet by reducing external debt, enhancing financial flexibility to support growth, margin expansion, and innovation. Promoters will retain 45.8% stake, maintaining control. Increased stock liquidity from this move may attract institutional investors, supporting long-term value.
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