Dhruva Capital Services Ltd — Others, 30-07-2025: Others
30-07-2025 | 06:21 pm
30-07-2025 | 06:21 pm
Dhruva Capital Services has completed a significant capital raise by allotting 31.65 lakh equity shares and 8 lakh warrants via preferential issue. The company issued 11 lakh shares to its promoter for Rs 6.05 Cr and 20.65 lakh shares to public investors for Rs 11.36 Cr. Additionally, 8 lakh warrants were allotted to the promoter, generating Rs 1.10 Cr upfront. These allotments at Rs 55 per share/warrant aim to bolster the company's financial position, providing capital for operations and future growth. This move demonstrates the company's efforts to strengthen its balance sheet and fund strategic initiatives.
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