ALPHA TRIBE

Tirth Plastic LtdImportant, 06-07-2026: Company Update

06-07-2026 | 04:13 pm

Tirth Plastic Limited issued a clarification regarding a recent board meeting's outcome. The company initially reported approval for a preferential issue of 0.45 Cr equity shares. This has been corrected: the board actually approved the preferential issue of up to 0.45 Cr convertible warrants. This change is significant for shareholders, clarifying that the company will initially issue warrants, which grant the right to acquire shares later, rather than immediate new equity shares. This update confirms the nature of the planned capital raise, subject to necessary approvals.

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