Gujarat Hy Spin
9.22
0.00(0.00%)
Market Cap₹15.40 Cr
PE Ratio307.33
IndustryTextiles
Company Performance:
1D0.00%
1M0.00%
6M+14.11%
1Y-63.12%
5Y+18.21%
View Company Insightsright
More news about Gujarat Hy Spin
11Oct 25
Gujarat Hy-Spin Limited Shareholders Unanimously Approve Share Capital Alteration and Preferential Equity Issue
Gujarat Hy Spin, listed on BSE SME, held an EGM on October 11, 2025, where shareholders unanimously approved two key resolutions: alteration of authorized share capital and a preferential equity issue to non-promoters. The meeting, chaired by Mr. Maganlal Parvadiya, saw 19 members representing 11,447,875 votes participate, with 100% support for both resolutions. The company has submitted voting results and the scrutinizer's report to BSE Limited in compliance with regulations.
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17Sept 25
Gujarat Hy-Spin Limited to Raise ₹24 Crore Through Preferential Share Issue
Gujarat Hy Spin plans to raise ₹24 crore through a preferential share issue of 60 lakh equity shares at ₹40 per share to non-promoter investors. The company will increase its authorized share capital from ₹16.75 crore to ₹22.75 crore. Funds will be used for setting up a solar plant (₹12 crore), repaying bank loans (₹8.50 crore), and general corporate purposes (₹3.50 crore). The issue will dilute promoter shareholding from 64.92% to 47.80%. An EGM is scheduled for October 11, 2025, to seek shareholder approval.
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11Sept 25
Gujarat Hy-Spin Limited Approves ₹6 Crore Capital Increase and ₹24 Crore Preferential Share Issue
Gujarat Hy Spin, listed on BSE SME, plans to increase authorized share capital from ₹16.75 crore to ₹22.75 crore. The company approved a preferential issue of 60 lakh equity shares at ₹40 per share to raise ₹24 crore. Ten non-promoter investors will receive shares, collectively holding 26.37% post-issue. An EGM is scheduled for October 11, 2025, to seek shareholder approval for these changes.
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04Sept 25
Gujarat Hy-Spin Limited to Consider Preferential Issue of Equity Shares in Upcoming Board Meeting
Gujarat Hy Spin's Board of Directors will meet on September 11, 2025, to discuss raising funds through a preferential issue of equity shares and/or other securities. The board will also consider convening an extraordinary general meeting or initiating a postal ballot for shareholder approval. The proposed issue will comply with relevant regulations including the Companies Act, 2013, SEBI Listing Regulations, and SEBI ICDR Regulations, 2018.
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Gujarat Hy Spin
9.22
0.0
(0.0%)
1 Year Returns:-63.12%
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