Cellecor Gadgets Limited — Important, 07-07-2025: General Updates

Cellecor Gadgets’ promoters completed a strategic stake sale of 88.95 lakh shares, raising ₹35.35 crore, and are reinvesting the entire amount to strengthen the company. ₹9.05 Cr will convert warrants into equity, and ₹26.3 Cr will be injected as interest-free unsecured loans to boost working capital and expansion. Post-sale, promoter holding stands at 46.3%. This capital infusion aims to reduce external debt reliance and support Cellecor’s targeted 50% annual growth toward a ₹5,000 Cr sales milestone over 3–4 years, reinforcing commitment to long-term value creation.