Vaswani Industries Limited has informed the Exchange regarding Board meeting held on August 13, 2025.
VASWANI · price
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Vaswani Industries' board, at its meeting on August 13, 2025, approved the allotment of 16 lakh fully paid-up equity shares on a preferential basis to four members of the promoter family. The shares were issued at ₹50 each (face value ₹10 + premium of ₹40), aggregating to ₹8 crore in total. Each allottee — Mr. Ravi Vaswani, Mr. Yashwant Vaswani, Mr. Kushal Vaswani, and Smt. Manisha Vaswani — received 4 lakh shares worth ₹2 crore. Post-allotment, the company's paid-up equity capital has risen from ₹31.34 crore to ₹32.94 crore. The new shares are subject to an 18-month lock-in as per SEBI ICDR Regulations, and promoter holding will increase marginally across all four allottees.
This is a small promoter-group infusion of ₹8 crore, which signals promoter commitment to the business but is unlikely to materially move the stock. There will be a slight dilution for non-promoter shareholders, though the 18-month lock-in prevents any near-term supply overhang from these shares.