Sellwin Traders Ltd — Updates, 31-07-2025: Company Update
31-07-2025 | 04:28 pm
31-07-2025 | 04:28 pm
Sellwin Traders has announced the outcomes of its board meeting. The company plans to increase its authorized share capital from Rs. 50 Cr to Rs. 58.40 Cr, pending shareholder approval. The board also decided to raise funds by issuing up to 4.75 crore convertible warrants at Rs. 8.40 each. Each warrant allows the holder to acquire one equity share within 18 months. Shareholders will pay 25% upfront, with the remaining 75% due upon conversion. This capital expansion and fundraise aim to strengthen the company's financial position and support future growth initiatives.
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