Sprayking Ltd — Others, 29-07-2025: Others

Sprayking Limited's Board has approved significant actions. The company will participate in a Rights Issue of its material unlisted subsidiary, Narmadesh Brass Industries Limited, by investing Rs. 7 Cr for 4,00,000 equity shares. This investment involves converting an existing inter-company loan of up to Rs. 7 Cr into equity. Additionally, the Board has set a Record Date for a share sub-division, splitting each Rs. 2 face value equity share into two Re. 1 shares. This strategic move aims to increase its stake in the subsidiary and enhance stock liquidity for investors.