ALPHA TRIBE

Cellecor Gadgets LimitedImportant, 09-06-2025: General Updates

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.

No comments yet. Be the first to comment!

All announcements from Cellecor Gadgets Limited