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News Details

12/09/2025 11:14

Indian Link Chai - Board Meeting Outcome for Allotment Of Equity Shares On Preferential Basis.

In furtherance to the approval of Board of Directors of the Company dated 13th May 2025, shareholders' approval dated 9th June 2025 and in-principle approval received from BSE dated 2nd September, 2025 with respect to the approval of issue and allotment of equity shares through preferential issue, we wish to inform that the Board of Directors of the Company has today, i.e. 12th September, 2025, approved the allotment of 19,75,000 (Nineteen Lakh Seventy-Five thousand only) equity shares of face value of ? 10/- each fully paid-up at a price of ? 71 per equity share (including premium of ? 61 per equity share), aggregating to ? 14,02,25,000 (Fourteen Crores Two Lakhs Twenty-Five Thousand only),\r\n\r\nPost allotment, the issued and paid-up equity share capital of the Company stands increased from ? 50,00,000/- comprising of 5,00,000 equity shares of ? 10/- each fully paid up to ? 2,47,50,000 comprising of 24,75,000 equity shares of ? 10/- each fully paid-up. \r\n