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12/06/2025 17:13

i Power Solutions In - Board Meeting Outcome for Outcome Of The Board Meeting Held Today - Allotment Of 14,50,000 (Fourteen L

The Board of Directors of the Company at their Meeting held today i.e., on Thursday, 12th June, 2025 had approved the allotment of 14,50,000 (Fourteen Lakh Fifty Thousand) fully paid-up Equity Shares having face value of Rs.10/- (Rupees Ten Only) each at a price of Rs.20/- (Rupees Twenty Only) (including premium of Rs.10/- (Rupees Ten Only) per Equity Share, upon receipt of an amount aggregating to Rs.2,90,00,000/- (Rupees Two Crore Ninety Lakhs Only) for cash consideration on a preferential basis in accordance with provisions of Chapter V of SEBI (ICDR) Regulations, 2018 and the Companies Act, 2013