Stellant Securities (India) Ltd — Important, 14-11-2025: Company Update
14-11-2025 | 02:04 pm
14-11-2025 | 02:04 pm
Stellant Securities' board has approved a significant capital raise strategy. This includes increasing authorized share capital from 5 Cr to 7 Cr. The company plans a preferential issue of 705,882 warrants at Rs. 340 each to promoters, raising approximately Rs. 24 Cr. Additionally, 2,557,730 equity shares will be issued to public investors at Rs. 290 each, aiming to raise about Rs. 74.17 Cr. These proposals require shareholder approval at an Extra Ordinary General Meeting, potentially strengthening the company's financial position and funding future growth.
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