Cellecor Gadgets Limited — Important, 09-06-2025: General Updates
09-06-2025 | 11:08 am
09-06-2025 | 11:08 am
Cellecor’s promoters are selling 10 million shares via open market, raising ~₹40 Cr, which they are fully reinvesting into the company. This includes ₹9.05 Cr through equity conversion and ₹30.95 Cr as interest-free unsecured loans, boosting the balance sheet and supporting working capital. The move reduces reliance on external borrowing and highlights promoters’ strong confidence. Post-transaction, their stake remains steady at 45.8%, reinforcing their commitment to driving Cellecor’s growth.
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