Vinyas Innovative Technologies Limited — Others, 24-07-2025: Shareholders meeting
24-07-2025 | 12:38 pm
24-07-2025 | 12:38 pm
VINYAS INNOVATIVE TECHNOLOGIES shareholders have approved the preferential issue of up to 13.64 lakh warrants, convertible into equity shares, at a price of ₹1,100 per warrant. This EGM resolution allows the company to raise up to ₹150.04 crore from both promoter and non-promoter investors, with key allottees including Narendra Narayanan (₹20.02 Cr) and Siddharth Iyer (₹25.014 Cr). This significant capital infusion strengthens the company's financial position, providing essential funds for future growth initiatives and operational expansion.
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