ALPHA TRIBE

Gabriel Pet Straps LtdBoard Meeting, 31-07-2025: Board Meeting

31-07-2025 | 11:09 pm

The company's board has approved increasing its authorized capital to Rs. 10 Cr. It will issue up to 19.95 lakh equity shares to non-promoters for Rs. 51.08 Cr and up to 15.30 lakh fully convertible warrants to promoter/promoter group for Rs. 39.17 Cr, all at Rs. 256 each through preferential allotment. These capital raises are set to fuel the company's financial needs. An Extra Ordinary General Meeting will be convened to seek shareholder approval for these crucial moves, which are key for the company's future capital structure and growth plans.

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