ALPHA TRIBE

GVP Infotech LimitedBoard Meeting, 30-07-2025: Outcome of Board Meeting

30-07-2025 | 03:56 pm

GVP Infotech's Rights Issue Committee has announced the successful allotment of new shares. The company allotted 2.11 crore partly paid-up equity shares as part of its rights issue. These shares were issued at Rs. 10 each on a 13:100 ratio, with Rs. 5 per share (including Rs. 4 premium) paid on application. The remaining amount will be called later. This allotment significantly impacts the company's capital structure, with its paid-up equity capital now comprising 16.28 crore fully paid shares and 2.11 crore partly paid shares. Lapsed rights entitlements have also been extinguished. #GVPI #RightsIssue

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