Thaai Casting Limited — Others, 01-08-2025: Shareholders meeting

Thaai Casting Limited's Extraordinary General Meeting saw shareholders approve key changes to its capital structure. The company's authorized share capital was increased to Rs 32.50 Cr. Additionally, the EGM greenlit the issuance of up to 15 lakh fully convertible warrants, up to 15 lakh new equity shares at Rs. 101 each on a preferential basis, and up to 18.5 lakh 12% unsecured compulsorily convertible debentures to non-promoters. These approvals position the company for potential future fundraising and strategic growth initiatives, benefiting its operational capabilities and expansion.