ALPHA TRIBE

Gabriel Pet Straps LtdOthers, 07-08-2025: AGM/EGM

07-08-2025 | 04:43 pm

Gabriel Pet Straps has called an Extra-Ordinary General Meeting on August 29, 2025, to seek shareholder approval for crucial capital changes. The company proposes to increase its authorized share capital from Rs. 6 Cr to Rs. 10 Cr. Additionally, it plans a preferential issue of 19.95 lakh equity shares to non-promoters for Rs. 51.08 Cr and 15.3 lakh convertible warrants to the promoter group for Rs. 39.17 Cr, both priced at Rs. 256. The total funds of approximately Rs. 90.25 Cr are intended for working capital, subsidiary funding, and factory expansion, supporting future business growth.

No comments yet. Be the first to comment!

All announcements from Gabriel Pet Straps Ltd