Ecoboard Industries Approves Rs. 36.5 Crore Share Capital Increase and Rs. 17.58 Crore Preferential Issue
Ecoboard Industries Limited's board has approved an increase in authorized share capital from Rs. 34.00 crores to Rs. 36.50 crores. The company plans to raise Rs. 17.58 crores through a preferential allotment of 52,49,252 equity shares at Rs. 33.50 per share. This includes 34,32,835 shares for loan conversion to a promoter and 18,16,417 shares to public investors. The move will increase promoter holding from 35.02% to 39.69%. An EGM is scheduled for November 7, 2025, to seek shareholder approval.

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Ecoboard Industries Limited has announced significant changes to its capital structure and funding strategy, as approved by its board of directors on October 11, 2025. The company is set to increase its authorized share capital and raise funds through a preferential allotment of shares.
Authorized Share Capital Increase
The board has approved an increase in the company's authorized share capital from Rs. 34.00 crores to Rs. 36.50 crores. This will be achieved by creating an additional 25 lakh equity shares with a face value of Rs. 10 each. The move aims to provide Ecoboard Industries with greater flexibility in its capital structure.
Preferential Allotment Details
Ecoboard Industries has also given the green light to raise Rs. 17.58 crores through a preferential allotment of equity shares. The key details of this allotment are as follows:
Particulars | Details |
---|---|
Number of Shares | 52,49,252 |
Issue Price | Rs. 33.50 per share |
Floor Price | Rs. 33.47 per share |
Total Funds to be Raised | Rs. 17.58 crores |
The preferential issue includes two components:
- 34,32,835 shares to be allotted to promoter Rama Krishna Raju Gottumukkala for conversion of an existing loan.
- 18,16,417 shares to be issued to public investors for cash consideration.
Impact on Shareholding Pattern
The preferential allotment will lead to changes in the company's shareholding structure:
Category | Pre-Issue Holding | Post-Issue Holding |
---|---|---|
Promoter & Promoter Group | 35.02% | 39.69% |
Public | 64.98% | 60.31% |
Extraordinary General Meeting
An Extraordinary General Meeting (EGM) has been scheduled for November 7, 2025, to seek shareholder approval for these proposals. The EGM will be conducted through video conferencing or other audio-visual means.
E-Voting Details
Particulars | Dates |
---|---|
Cut-off Date for E-voting | October 31, 2025 |
E-voting Period | November 4, 2025 (9:00 AM IST) to November 6, 2025 (5:00 PM IST) |
Investors and stakeholders should note that these corporate actions are subject to shareholder approval and other regulatory clearances. The move is aimed at fostering business growth, strengthening operational capabilities, and ensuring long-term financial stability for Ecoboard Industries Limited.
Historical Stock Returns for Ecoboard Industries
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-2.02% | +0.52% | -4.76% | +14.16% | +6.74% | +1,119.51% |