Hari Govind International Completes Rs 3.52 Crore Preferential Share Allotment
Hari Govind International Limited (HGIL) completed a preferential allotment of 35,25,000 equity shares at Rs 10 per share, raising Rs 3.52 crore. The allotment was done in two phases, involving 13 investors including promoters and non-promoters. This increased HGIL's paid-up capital from Rs 5 crore to Rs 8.52 crore. Proposed promoters Shaju Thomas and Linta P Jose received significant allocations. The allotment is part of a larger strategic move, potentially leading to a shift in the company's ownership structure.
14Aug 25
Hari Govind International Boosts Capital with Rs 2.86 Crore Preferential Share Allotment
Hari Govind International Ltd completed a preferential allotment of 28,57,500 equity shares at Rs 10 each, raising Rs 2.86 crore. The company's paid-up capital increased from Rs 5.00 crore to Rs 7.86 crore. The allotment was distributed among 10 investors, including proposed promoters Shaju Thomas and Linta P Jose. The share issuance received BSE approval on July 30, 2025, following a special resolution passed on June 13, 2025. The newly allotted shares will rank pari-passu with existing equity shares.