Davin Sons Retail Ltd — Board Meeting, 08-08-2025: Board Meeting

Davin Sons Retail's board has approved a major capital expansion. The company plans to increase its Authorised Share Capital from ₹6 Cr to ₹10 Cr. Additionally, it will issue up to 19.25 lakh new equity shares and 11.50 lakh convertible warrants at ₹25 each, through a preferential allotment to promoters and other investors. This capital infusion, totaling ₹7.6875 Cr, aims to strengthen the company's financial base. The warrants are convertible into shares over 18 months. These proposals, vital for operational growth and financial health, await shareholder approval at an Extra-Ordinary General Meeting.