VASWANI : PREFERENTIAL ALLOTMENT WORTH RS 9.87 CR TO PROMOTERS

• Board approved allotment of 16,45,000 equity shares at ₹60/share (FV ₹10 plus premium ₹50) to 7 promoter and promoter group allottees • Full application money of ₹9.87 Cr received in cash; issue price not below SEBI ICDR minimum price • Paid-up capital rises to ₹34.59 Cr (3,45,91,153 shares) from ₹32.95 Cr (3,29,46,153 shares) • Promoter Ravi Vaswani's stake moves to 26.80% post allotment from 26.94%; Kushal Vaswani to 6.23% from 5.35% • New shares rank pari passu with existing equity; locked in for 18 months from trading approval

Vaswani Industries Limited

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