Davin Sons Retail Ltd — Important, 28-11-2025: Company Update

Davin Sons Retail Limited plans to raise ₹7.69 crore through a preferential allotment to support its expansion and operational needs. This funding comprises ₹4.81 crore from issuing 19.25 lakh equity shares and ₹2.88 crore from 11.50 lakh warrants, both priced at ₹25 each. The total project cost is ₹8.50 crore, with ₹2.07 crore earmarked for store fit-outs and security deposits, and ₹6.43 crore for working capital, mainly inventory. The preferential issue will cover ₹7.69 crore, with the remaining ₹0.81 crore funded by internal accruals, signaling strategic business growth.