Bohra Industries Limited — Board Meeting, 17-06-2025: Outcome of Board Meeting

Bohra Industries has announced a board meeting outcome approving a preferential allotment of 68.75 lakh equity shares at Rs. 32 each, raising Rs. 22 Cr from Mark AB Capital Investment India Pvt Ltd, who will become the new promoter post open offer completion. Additionally, 20.25 lakh convertible warrants were allotted to several non-promoter investors at the same price, potentially raising Rs. 6.48 Cr upon conversion within 18 months. This fundraise significantly boosts the share capital from ~1.43 Cr shares to ~2.32 Cr shares, strengthening the company’s equity base ahead of the promoter change.