Longspur International Ventures Approves Rs 15 Crore Preferential Share Issue and Key Board Changes Sep 08, 2025
Longspur International Ventures Limited has approved a preferential issue of up to 1.5 crore equity shares at Rs 10.00 per share, aiming to raise Rs 15.00 crore. The company will increase its authorized share capital from Rs 21.00 crore to Rs 50.00 crore. The board recommended re-appointing Shri Manoj Naginlal Jain as Managing Director and appointing two new Independent Directors. Corporate governance measures include appointing a Secretarial Auditor and arranging e-voting for the upcoming 45th AGM.