ALPHA TRIBE

Spinaroo Commercial LtdImportant, 06-04-2026: Company Update

06-04-2026 | 06:34 pm

Spinaroo Commercial Limited's Board has decided to withdraw the previously approved preferential issue of 7,89,000 equity shares. These shares were intended for a swap as part of the acquisition of Spino Poly Products Private Limited. The company's board and shareholders had earlier approved this proposal. Consequently, the proposed preferential issue is now postponed, impacting the company's acquisition strategy for Spino Poly Products Private Limited.

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