Axel Polymers Ltd — Others, 28-07-2025: AGM/EGM

Axel Polymers will hold an EGM to approve a preferential issue of 28.29 lakh equity shares at ₹45 each, totaling ₹12.73 Cr. This capital raise, targeting public investors, will be used to enhance working capital, reduce existing debt, and fund minor plant upgrades and general corporate purposes. This strategic funding initiative aims to bolster the company's financial health and support its ongoing operational expansion. New shares allotted will be subject to a 6-month lock-in period.