Pattech Fitwell Tube Components Limited — Others, 28-06-2025: Increase in Authorised Capital

Pattech Fitwell Tube Components Limited has announced a board meeting outcome approving an increase in authorized share capital from Rs 10 Cr to Rs 12.5 Cr to support future fund raising. The company plans a preferential issue of up to 18.98 lakh equity shares and 24.59 lakh fully convertible equity warrants, subject to regulatory and shareholder approvals. Post-issuance, promoters’ holding is estimated to reduce from 69.06% to 60.20%, while public shareholding would rise to 39.80%. National Securities Depository Limited (NSDL) was appointed as the remote e-voting agency for the upcoming Extraordinary General Meeting.