Transvoy Logistics India Ltd — Important, 19-08-2025: Company Update
19-08-2025 | 02:15 pm
19-08-2025 | 02:15 pm
Transvoy Logistics has announced a board meeting where it approved a significant increase in its Authorised Share Capital from Rs. 4.50 Cr to Rs. 6.50 Cr. This strategic move aims to facilitate future fundraising for the company. The board also approved issuing up to 35.87 Cr worth of warrants on a preferential basis, convertible into equity shares at Rs. 100 each, which will bring in fresh capital. These key proposals, alongside the 10th Board Report for the financial year 2024-25, require shareholder approval at the upcoming Annual General Meeting. This capital infusion could fuel the company's operational growth and expansion plans.
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