Hemant Surgical Industries Ltd — Others, 08-08-2025: AGM/EGM

Hemant Surgical Industries Ltd will hold an Extra-Ordinary General Meeting to seek shareholder approval for key initiatives. The company plans to increase its authorized share capital from Rs. 10.5 Crore to Rs. 16 Crore, creating room for future capital raises. Additionally, the board has approved raising a total of Rs. 92.59 Crore through a preferential issue. This includes issuing 21 lakh convertible warrants and 26 lakh equity shares, both priced at Rs. 197. Funds will support capital expenditure for new facilities and expansion (Rs. 50 Cr), working capital (Rs. 15 Cr), debt repayment (Rs. 17 Cr), and general corporate needs (Rs. 10.59 Cr). Promoters will also participate by subscribing to warrants.