Silgo Retail Limited — Others, 22-07-2025: Amendment to AOA/MOA

Silgo Retail's board has approved significant strategic moves, subject to shareholder approval. The company plans to increase its authorized share capital from Rs. 25 Cr to Rs. 45 Cr and amend its business scope to include the renewable energy sector, such as solar power. To fund growth, Silgo will issue up to 27.45 lakh equity shares at Rs. 56.25 each, raising Rs. 15.44 Cr. Additionally, it will issue up to 1.75 Cr warrants, convertible into shares at Rs. 56.25 each, aiming to raise Rs. 98.44 Cr over 18 months. These initiatives are poised to fuel diversification and expansion.