Vashu Bhagnani Industries Ltd — Important, 21-08-2025: Company Update

Vashu Bhagnani Industries Limited's Board has approved the allotment of 85.15 lakh new equity shares, each at a face value of Rs 10 plus a premium of Rs 20. These shares were issued on a preferential basis to promoters, promoter group, and a non-promoter entity, following the conversion of previously issued convertible warrants. This strategic move increases the company's total equity share capital from Rs 55.44 crore to Rs 63.95 crore. This capital infusion strengthens the company's balance sheet and modifies the shareholding structure, which is important for investors to note.