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Grovy India Limited’s committee approved allotment of shares raising up to Rs 15 crore
04-Aug-2026, 06:13
Grovy India Limited announced that its Preferential Issue Committee approved the allotment of 41,69,433 equity shares with a face value of Rs 10 each at an issue price of Rs 36 per share, for an aggregate amount of up to Rs 15,00,99,588, to promoters and public shareholders, including Prakash Chand Jalan, Nishit Jalan, Dnyanesh R Bhatavadekar, and Gaurav Sharma, among others. Following the allotment, the company's paid-up equity share capital increased to Rs 17,50,57,050, comprising 1,75,05,705 equity shares.
Grovy India Limited announced that its Preferential Issue Committee approved the allotment of 41,69,433 equity shares with a face value of Rs 10 each at an issue price of Rs 36 per share, for an aggregate amount of up to Rs 15,00,99,588, to promoters and public shareholders, including Prakash Chand Jalan, Nishit Jalan, Dnyanesh R Bhatavadekar, and Gaurav Sharma, among others. Following the allotment, the company's paid-up equity share capital increased to Rs 17,50,57,050, comprising 1,75,05,705 equity shares.