ALPHA TRIBE

Vaswani Industries LimitedBoard Meeting, 13-08-2025: Outcome of Board Meeting

13-08-2025 | 08:46 pm

Vaswani Industries' board has approved a strategic preferential allotment of 16 lakh equity shares. Priced at ₹50 each, including a ₹40 premium, these shares were issued to four members of the promoter group. This move successfully raised ₹8 crore in capital for the company. The allotment also increased the company's paid-up capital from ₹31.35 Cr to ₹32.95 Cr. This capital infusion strengthens the promoter's stake and provides a solid financial base for the company's future growth and operational plans.

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