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Vishwas Agri Seeds LimitedOthers, 25-08-2025: Shareholders meeting

25-08-2025 | 05:51 pm

Vishwas Agri Seeds is seeking shareholder approval via a postal ballot to reallocate part of its IPO proceeds. The company plans to move ₹4.9985 Cr from unutilized capital expenditure – originally earmarked for office furnishing, a seed testing lab, greenhouse, and solar panels – to additional working capital requirements. This move aims to boost liquidity, support daily operations, and enhance financial stability in the seasonal, working-capital-intensive seed processing industry. Shareholders can vote electronically to approve this change.

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