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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board of Transvoy Logistics India Ltd approved raising the authorised share capital from Rs. 4.50 crore (45 lakh shares) to Rs. 6.50 crore (65 lakh shares of Rs. 10 each), subject to shareholder approval. Alongside this, the board cleared the issuance of up to 35,86,960 convertible warrants on a preferential basis at Rs. 100 per warrant (including a Rs. 90 premium), potentially raising about Rs. 35.87 crore from 19 identified allottees. Only 25% of the issue price is payable upfront, with the balance due on exercise within 18 months. The board also approved the 10th Board Report and scheduled the 10th AGM for September 11, 2025, with the register of members closed from September 4 to September 11, 2025.
Existing shareholders may face equity dilution once the warrants are converted into shares over the next 18 months. The move signals the company's intent to raise fresh capital from select investors rather than through a broader rights or public issue.