Dhariwalcorp Limited — Board Meeting, 16-07-2025: Outcome of Board Meeting
16-07-2025 | 05:29 pm
16-07-2025 | 05:29 pm
DHARIWALCORP's board has approved the allotment of 4.5 lakh convertible warrants priced at Rs. 153.49 each. This preferential issue aims to raise approximately Rs. 6.91 crore for the company, with Rs. 1.73 crore (25%) already received upfront. These warrants can be converted into equity shares over the next 18 months. Promoters Shakshi Dhariwal and Dilip Dhariwal, alongside other investors, are among the allottees. This strategic move strengthens the company's capital base.
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