Ambey Laboratories Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting
14-08-2025 | 06:57 pm
14-08-2025 | 06:57 pm
Ambey Labs board approved key steps for strategic growth. The company allotted 27.17 lakh fully convertible warrants to a promoter at Rs 46 each, raising an initial Rs 3.12 crore. These warrants can convert into equity shares within 18 months. Additionally, Ambey Labs acquired 100% of Dhansa Green Energy Private Limited for Rs 0.10 crore, making it a wholly-owned subsidiary. This strategic move diversifies the company into power generation and infrastructure, including renewable energy, aiming to expand service offerings and market reach.
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