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Longspur International Ventures' board has approved a phased allotment of 11 Lakh (1.1 Cr) equity shares at ₹10 each, totaling ₹1.1 Cr, as part of its preferential issue plan. The company has received in-principle approval for this issuance to three investors: Pritika Surana, Raj Deepak Thakur, and Manas Thakur. This increases the company's total issued and paid-up equity share capital to 3.09 Cr shares of ₹10 each, strengthening its capital base.