Springform Technology Ltd — Important, 27-12-2025: Company Update
27-12-2025 | 01:07 pm
27-12-2025 | 01:07 pm
The company's Board has approved a preferential allotment of 1.005 Cr equity shares, each priced at ₹10, raising a total of ₹10.05 Cr. This capital infusion involves 27 investors from both promoter and non-promoter groups. The issuance of these new shares alters the overall shareholding structure, changing the proportional ownership stakes within the company. This strategic move aims to strengthen the company's financial position and support its ongoing business operations and potential growth opportunities.
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