ALPHA TRIBE

Sellwin Traders LtdBoard Meeting, 31-07-2025: Board Meeting

31-07-2025 | 04:19 pm

Sellwin Traders' board has approved a plan to increase its Authorised Share Capital from Rs. 50 Cr to Rs. 58.40 Cr. Concurrently, the company aims to raise funds by issuing up to 4.75 crore convertible warrants at Rs. 8.40 each. These warrants allow holders to convert them into one equity share (face value Rs. 2) within 18 months, with 25% payable upfront. This strategic capital increase and fund-raising through warrants, pending shareholder approval via postal ballot, are set to bolster the company's financial resources for future growth and operations.

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