Transvoy Logistics India Ltd — Important, 18-08-2025: Company Update
18-08-2025 | 07:28 pm
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.
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