Corporate News

07-Sep-2026, 08:58

Tandhan Industries Limited, formerly known as Sanmitra Commercial Limited, announced that its board approved an increase in the authorized share capital from Rs 60 crore divided into 6 crore shares to Rs 65 crore divided into 6.5 crore shares, subject to shareholder approval. The company also approved a preferential issue of up to 63,99,720 fully convertible warrants with a face value of Rs 10 each at an issue price of Rs 81 per warrant to promoters and promoter group members for a consideration of up to Rs 51.84 crore.