ALPHA TRIBE

Som Datt Finance Corporation LtdOthers, 15-07-2025: Others

15-07-2025 | 09:20 pm

Som Datt Finance Corporation's Board has approved the allotment of 70,05,579 fully paid-up equity shares, successfully completing its Rights Issue. Each share was issued at ₹70, including a ₹60 premium, raising approximately ₹49.04 Cr for the company. This capital injection significantly increases the company's paid-up equity share capital from ₹10.01 Cr (1,00,07,970 shares) to ₹17.01 Cr (1,70,13,549 shares). This development strengthens the company's financial position, providing a robust capital base to support future operations and growth initiatives, which is key for shareholders.

No comments yet. Be the first to comment!

All announcements from Som Datt Finance Corporation Ltd