Cospower Engineering Ltd — Important, 09-02-2026: Company Update

CosPower Engineering Limited's board has approved the allotment of 1,62,000 equity shares at Rs. 990 each on a preferential basis. This allotment was made to Swapna Gunda, a non-promoter investor, generating a total consideration of Rs. 16.038 crore for the company. This capital infusion boosts the company's financial resources, which is significant for its operations and growth trajectory.