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POCL Enterprises LtdUpdates, 20-06-2025: Company Update

20-06-2025 | 06:37 pm

POCL Enterprises Limited has announced allotment of shares and convertible warrants to its promoters and promoter group members via a preferential offer, resulting in significant increases in their holdings. Key promoters including Devalar Bansal, Sunil Kumar Bansal, Neelam Bansal, Vandana Bansal, Harsh Bansal, Padam Chandra Bansal, Amber Bansal, Sagar Bansal, Tyot Kumar Chowdhry, Ramachandran Balachandran, and Sivachandran Balachandran have acquired equity shares and/or convertible warrants, increasing their equity stakes by up to 27.57% (on non-diluted basis). The infusion strengthens promoter control and signals confidence in the company’s prospects, impacting shareholder value by potentially reducing public shareholding percentage while enhancing capital for growth.

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