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Divine Power Energy LimitedBoard Meeting, 01-07-2025: Outcome of Board Meeting

01-07-2025 | 04:58 pm

Divine Power Energy Limited has announced a board meeting on which approved the allotment of 12 lakh equity shares at Rs.136 each, raising Rs.16.32 Cr via preferential issue to investor Jitendra Ujamsi Mamtora. Post-allotment, he holds 4.8% in the company. This capital infusion strengthens the financial position and supports growth plans. No other key operational or strategic changes were reported.

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