ALPHA TRIBE

Western Ministil LtdImportant, 26-11-2025: Company Update

26-11-2025 | 07:17 pm

Western Ministil's board approved significant capital changes, pending shareholder consent at an EGM on December 24. The authorized share capital will increase from Rs. 10 Cr to Rs. 13.50 Cr. The company plans a preferential issue of 40 lakh Equity Shares and 68.42 lakh Convertible Warrants at Rs. 10 each, totaling Rs. 10.84 Cr. This issue includes allottees set to become new Promoters. Additionally, borrowing limits, charge creation limits, and investment/loan/guarantee limits are each raised to Rs. 200 Cr. These moves aim to strengthen the balance sheet and support future growth.

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