ALPHA TRIBE

Pattech Fitwell Tube Components LimitedOthers, 28-06-2025: Amendment to AOA/MOA

28-06-2025 | 07:12 pm

Pattech Fitwell Tube Components Limited has announced a board meeting to approve an increase in authorized share capital from ₹10 Cr to ₹12.5 Cr to support future fundraising. The company also approved a preferential private placement of up to 18.98 lakh equity shares and 24.59 lakh fully convertible equity warrants to 43 investors, including promoters and public shareholders. Post-issue, promoter holding is estimated to dilute from 69.06% to 60.20%. National Securities Depository Limited (NSDL) will manage remote e-voting for the upcoming Extraordinary General Meeting where shareholders will vote on these proposals.

No comments yet. Be the first to comment!

All announcements from Pattech Fitwell Tube Components Limited