ALPHA TRIBE

Sellwin Traders LtdUpdates, 31-07-2025: Company Update

31-07-2025 | 04:30 pm

Sellwin Traders Limited's board has approved increasing its Authorised Share Capital from Rs. 50 crore to Rs. 58.40 crore. This move paves the way for future equity issuances. Additionally, the company plans to raise funds by issuing up to 4.75 crore convertible warrants at a minimum price of Rs. 8.40 each. Warrant holders can convert these into equity shares within 18 months, with 25% paid upfront. These strategic financial decisions aim to bolster the company's capital base for future growth initiatives. All proposals are subject to shareholder approval via postal ballot.

No comments yet. Be the first to comment!

All announcements from Sellwin Traders Ltd