Indian Terrain Fashions Reports Narrowed Q1 Loss, Schedules AGM
Indian Terrain reported Q1 FY24 results with revenue flat at ₹68.78 crore, but net loss reduced to ₹6.19 crore from ₹15.27 crore year-over-year. The company scheduled its 16th AGM for September 29, proposed re-appointments of directors, and appointed auditors. It also received trading approval for 49,48,537 equity shares from NSE and BSE, issued through preferential allotment.
29Jul 25
Indian Terrain Fashions Secures NSE Listing Approval for 49.48 Lakh Equity Shares
Indian Terrain Fashions Limited (ITFL) has received listing approval from the National Stock Exchange (NSE) for 49,48,537 equity shares, priced at Rs. 50.52 per share with a face value of Rs. 2.00 each. These shares, issued through a preferential allotment to non-promoter entities and individuals, are the result of warrant conversion. The listing and trading commencement are pending final confirmation from NSDL and CDSL regarding credit to beneficiaries' accounts. ITFL has also secured listing approval from the BSE, demonstrating compliance with major Indian stock exchanges.
20Jun 25
Indian Terrain Fashions Secures BSE Approval for 49.49 Lakh Equity Share Allotment
Indian Terrain has received approval from the Bombay Stock Exchange (BSE) for a preferential allotment of 49,48,537 equity shares to non-promoters. This corporate action aims to raise fresh capital, potentially supporting business initiatives and expansion plans. The move suggests a focus on growth and may indicate investor confidence in the company's prospects, although it will lead to some dilution for existing shareholders.