La Tim Metal & Industries Ltd — Important, 17-10-2025: Company Update

La Tim Metal & Industries has approved the issuance of 3.50 Cr convertible warrants to promoters and 1.586 Cr equity shares to non-promoters, both at Rs. 10 per share/warrant, subject to member approval. This preferential issue could potentially raise approximately Rs. 50.86 Cr for the company. The board also approved purchasing 1177.1 Guntha of land in Raigad from promoters for up to Rs. 16 Cr. This land is intended for future residential, industrial, or commercial development. An Extra-Ordinary General Meeting is scheduled for member approval of these proposals.