ALPHA TRIBE

Supra Pacific Financial Services LtdOthers, 20-08-2025: AGM/EGM

20-08-2025 | 06:48 pm

Supra Pacific is seeking shareholder consent for significant financial maneuvers. They propose increasing authorized share capital to ₹75 crore from ₹50 crore, creating room for future equity issues. Additionally, they plan two preferential share allotments, both at ₹30.50 per share. The first involves issuing approximately 1.31 crore shares for ₹40.02 crore to acquire a land and building. The second will issue roughly 0.99 crore shares to raise ₹30.17 crore, earmarked for working capital and general business purposes. These actions aim to strengthen the company's capital base and fund its operational growth.

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