ALPHA TRIBE

Sprayking LtdOthers, 26-07-2025: AGM/EGM

26-07-2025 | 05:23 pm

Sprayking Limited has successfully concluded the voting period for its postal ballot, where shareholders voted on critical proposals. These include a stock split of equity shares, an increase in authorized capital, and a rights issue for further equity shares. These initiatives are significant, as a stock split can enhance share liquidity and accessibility for retail investors. The increase in authorized capital and a rights issue can facilitate future fundraising, supporting the company's business expansion plans. The company expects to announce the ballot results soon, with the record date for the share split to be communicated in due course.

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