Sellwin Traders Ltd — Updates, 31-07-2025: Company Update

The company has announced a board meeting where it approved increasing its Authorized Share Capital from Rs 50 Cr to Rs 58.40 Cr. This move paves the way for a major fundraise. The board decided to issue up to 4.75 Cr warrants at a minimum price of Rs 8.40 each. Each warrant allows conversion into one equity share of face value Rs 2 within 18 months. Investors will pay 25% upfront, with the balance due upon conversion. This capital infusion could significantly strengthen the company's financial position and support future growth initiatives. Shareholders will vote on these proposals via postal ballot.