ALPHA TRIBE

Davin Sons Retail LtdUpdates, 08-08-2025: Company Update

08-08-2025 | 07:38 pm

Davin Sons Retail Limited's Board has approved increasing its Authorised Share Capital from ₹6 Crore to ₹10 Crore. This move paves the way for a preferential allotment of up to 19.25 Lakh equity shares and 11.50 Lakh convertible warrants at ₹25 each, primarily to promoters and select investors. The total issue aims to raise approximately ₹7.69 Crore. These steps will enhance the company's capital base, subject to shareholder approval at an upcoming Extra-Ordinary General Meeting.

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