ALPHA TRIBE

Transvoy Logistics India LtdImportant, 18-08-2025: Company Update

18-08-2025 | 07:28 pm

Transvoy Logistics' board has approved key capital-raising plans. The company aims to increase its authorized share capital from ₹4.50 Cr to ₹6.50 Cr, enabling future equity issuances. Additionally, it will issue up to 35.87 lakh warrants on a preferential basis at ₹100 per share, raising ₹35.87 Cr. These warrants are convertible into equity shares within 18 months. These moves are crucial for strengthening the company's financial position and funding growth. The board also approved the FY24-25 Board Report and will hold its AGM on September 11 to seek shareholder approval for these proposals.

No comments yet. Be the first to comment!

All announcements from Transvoy Logistics India Ltd