ALPHA TRIBE

Shree Salasar Investments LtdImportant, 26-02-2026: Company Update

26-02-2026 | 02:13 pm

Shree Salasar Investments' Board has approved a plan to issue up to 18.50 lakh warrants, convertible into equity shares. These warrants, priced at Rs. 175 each, will raise approximately Rs. 32.38 crore for the company. The issuance is proposed as a preferential allotment to four investors, including promoters. This move, aimed at capital infusion, requires shareholder approval, for which an Extra-Ordinary General Meeting will be convened. If approved, warrants can be converted into equity shares within 18 months. This capital raise could strengthen the company's financial position.

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