Vaidya Sane Ayurved Laboratories Limited — Board Meeting, 01-08-2025: Outcome of Board Meeting
01-08-2025 | 06:44 pm
01-08-2025 | 06:44 pm
Madhavbaug's board approved a significant capital boost! They're increasing authorized capital from ₹15 Cr to ₹20 Cr, paving the way for a fresh fundraise. The company plans to issue 56 lakh convertible share warrants at ₹183 each on a preferential basis to strategic investors, including promoters and non-promoters, to raise additional capital. An EGM is set for August 25, 2025, for shareholder approval of these key decisions. Expect more details soon!
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