Vani Commercials Ltd — Important, 21-11-2025: Company Update
21-11-2025 | 06:59 pm
21-11-2025 | 06:59 pm
Vani Commercials' shareholders have approved significant strategic changes. The company will update its foundational documents, broadening its business scope to include fintech, digital payment solutions, lending, financial asset management, insurance intermediation, and distribution of investment products. To support this growth, the authorized share capital will increase from Rs. 13.05 Cr to Rs. 50 Cr. Additionally, the company plans to issue up to 3.22 Cr equity shares on a preferential basis to non-promoter shareholders at Rs. 12 per share (including Rs. 2 premium), bolstering its financial capacity for these new ventures.
No comments yet. Be the first to comment!
