Simplex Castings Ltd — Important, 28-08-2025: Company Update

Simplex Castings' board has approved the allotment of 2,97,248 new equity shares at ₹246 each, raising ₹7.31 crore through a preferential issue. This capital infusion involves one promoter and three non-promoter investors. The company's paid-up share capital will increase from ₹7.19 crore to ₹7.49 crore. These new shares will be locked in for a specified period. The company will now seek listing and trading approvals for these newly allotted shares, enhancing capital and potentially supporting future growth.