Allotment of 5,63,578 Equity Shares
SINGERIND · price
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Singer India has allotted 5,63,578 equity shares (face value Rs. 2 each) to VSM Group Aktiebolag, a non-promoter entity, on a preferential basis. The shares were issued at Rs. 79.59 per share, raising an aggregate of about Rs. 4.49 crore. This allotment follows the in-principle approval from BSE received on December 16, 2025. As a result, the company's paid-up equity share capital has increased to Rs. 12.44 crore, comprising 6,22,19,117 equity shares. The newly issued shares will rank equally with existing shares in all respects.
This is a small dilution of about 0.9% for existing shareholders. The company has raised fresh capital from a non-promoter investor at a healthy premium over face value, which is mildly positive as it brings in a strategic shareholder without significantly diluting existing holders.