Pattech Fitwell Tube Components Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Pattech Fitwell Tube Components' board has approved a significant capital raise. The company allotted 1.64 million new equity shares at Rs 77.50 each via a preferential issue, raising Rs 12.71 Cr. This boosts the paid-up capital to Rs 9.40 Cr. Additionally, 2.46 million fully convertible warrants were issued at Rs 77.50 each, with Rs 4.80 Cr received upfront. These warrants will convert into equity shares later, signaling further capital infusion. This move expands the share base and provides growth capital.