- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
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Cellecor Gadgets has announced a board meeting where it reaffirmed its ambitious target to hit ₹5,000 Cr in sales within 3-4 years, aiming for 50% annual growth. Key moves include a fresh capital raise of up to ₹250 Cr via various instruments, up from an earlier ₹100 Cr plan, and increasing authorized share capital from ₹22.5 Cr to ₹30 Cr. The company is also authorized to borrow up to ₹1,000 Cr and secure such borrowings. Members’ approval will be sought via postal ballot for these decisions. Management is focused on aggressive scaling ahead.