ALPHA TRIBE

Prerna Infrabuild LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

The company has announced a board meeting to approve the financial results for the quarter and half-year. The board will also consider a proposal to raise funds by issuing up to 10 million new equity shares, potentially via a rights issue. This capital raise aims to fund future expansion and reduce debt. Additionally, an operational update confirms the new manufacturing facility is 80% complete, expected to start operations ahead of schedule, signaling positive momentum for growth and improved operational efficiency, directly benefiting shareholders.

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