Indian Link Chain Manufacturers Ltd — Important, 12-09-2025: Company Update
12-09-2025 | 11:16 am
12-09-2025 | 11:16 am
The Indian Link Chain Manufacturers Limited's Board has approved the allotment of 19.75 lakh equity shares through a preferential issue. These shares, with a face value of ₹10 each, were issued at ₹71 per share, raising ₹14.02 Cr for the company. This capital infusion was made to 12 non-promoter allottees. Post-allotment, the company's issued and paid-up equity share capital increased from ₹0.50 Cr (5 lakh shares) to ₹2.475 Cr (24.75 lakh shares). This move strengthens the company's financial position and supports future growth initiatives.
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