ALPHA TRIBE

Vaswani Industries LimitedQIP/Rights/Pref., 13-08-2025: Allotment of Securities

13-08-2025 | 08:50 pm

Vaswani Industries has approved a preferential allotment of 1.6 million new equity shares. These shares, with a face value of ₹10 and issued at ₹50 each, were allotted to four promoter group entities. This strategic move brought ₹8 crore into the company's coffers. As a result, the promoter group's overall holding increased from roughly 46.8% to 49.4%, showing strong commitment. This capital infusion could fuel future growth.

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