Gowra Leasing & Finance Ltd — Board Meeting, 19-07-2025: Board Meeting
19-07-2025 | 05:19 pm
19-07-2025 | 05:19 pm
Gowra Leasing & Finance's Board has approved the financial results for the quarter, reporting a profit of INR 1.29 Cr. The company plans a preferential issue of up to 24.97 lakh equity shares at INR 120 each, raising up to INR 29.97 Cr from 72 proposed allottees. This capital infusion, pending shareholder approval, is set to strengthen the company's financial position. Additionally, the Board approved increasing the Authorized Share Capital from INR 6 Cr to INR 10 Cr, allowing for future equity expansion. Shareholders will vote on these significant proposals at the upcoming Annual General Meeting.
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