Growington Ventures India Reports Full Compliance in Rs 48.17 Crore Rights Issue Fund Utilization Jul 25, 2025
More news about Growington Ventures
25Jul 25
Growington Ventures India Reports 146% Revenue Surge in Q1, Completes Rights Issue
Growington Ventures India Limited, a fruit trading company, reported strong Q1 FY2026 results. Revenue increased by 146% to Rs. 1,581.45 crore, while profit rose 80.5% to Rs. 149.35 crore. The company successfully completed a rights issue, raising Rs. 48.17 crore through the allotment of 48,16,61,820 equity shares at Rs. 1 per share. The funds will be used for working capital, corporate purposes, and issue-related expenses. Growington Ventures operates globally through its Dubai-based subsidiary, Elementures Foodstuff Trading LLC.
25Jul 25
Madhu Sethia Reduces Stake in Growington Ventures India Limited
Madhu Sethia, a non-promoter shareholder, sold 13,255,446 shares of Growington Ventures India Limited (GVIL) over three trading sessions in July 2025. This reduced Sethia's stake from 5.75% to 3.68% of the company's total share capital. The transaction was conducted through open market sales and has been reported in compliance with SEBI regulations.
24Jul 25
Madhu Sethia Reduces Stake in Growington Ventures India Limited to 3.68%
Non-promoter shareholder Madhu Sethia has decreased their stake in Growington Ventures India Limited from 5.75% to 3.68%. The reduction occurred through open market sales on July 14, 15, and 22, resulting in a decrease of 13,255,446 shares. This change was disclosed in compliance with SEBI regulations.
24Jul 25
Madhu Sethia Reduces Stake in Growington Ventures India Limited to 3.68%
Non-promoter shareholder Madhu Sethia has decreased their stake in Growington Ventures India Limited, a BSE-listed company. Through open market sales on July 14, 15, and 22, Sethia's shareholding reduced from 5.75% (36,900,025 shares) to 3.68% (23,644,579 shares), a decrease of 2.07% (13,255,446 shares). The company's total equity share capital remains unchanged at 642,215,760 shares. This transaction complies with SEBI regulations for significant shareholding changes.