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Vaidya Sane Ayurved Laboratories LimitedOthers, 02-08-2025: Shareholders meeting

02-08-2025 | 04:39 pm

Vaidya Sane Ayurved Laboratories Limited has called an Extra Ordinary General Meeting to seek shareholder approval for two key proposals. First, to increase the authorized share capital from ₹15 Cr to ₹20 Cr, enabling future equity issuances. Second, to approve a preferential allotment of up to 56 Lakh convertible warrants at INR 183 each, raising INR 102 Cr. These funds are intended for general corporate needs and future growth. This move will bring in new capital while adjusting the overall shareholding structure, with both promoter and non-promoter participation in the warrant issue.

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