Osel Devices Limited — Others, 12-08-2025: Shareholders meeting

OSEL Devices Limited has issued a corrigendum for its upcoming Extra-ordinary General Meeting. The company has updated its EGM notice, replacing a disqualified allottee (Ms. Amishi Garodia) with Amit Ravishankar Dadheech for the preferential issue of equity shares. OSEL Devices plans to raise `56.62 Cr` through this preferential issue, comprising 15,65,400 equity shares and 1,00,000 convertible warrants, both priced at `340` each. The funds are intended for additional working capital needs. This move aims to bolster the company's financial position, increasing non-promoter public shareholding.