Longspur International Ventures Allots 11 Lakh Equity Shares

Longspur International Ventures Limited has approved the allotment of 11,00,000 equity shares of face value ₹10 each at a price of ₹10 per share. This preferential allotment is part of a phased issuance, with the company having previously received in-principle approval from the exchange. The total funds raised from this allotment amount to ₹1,10,00,000. The issuance increases the company's issued and paid-up equity share capital to 3,09,00,000 equity shares. The new shares will rank pari-passu with existing shares. The investors include Pritika Surana, Raj Deepak Thakur, and Manas Thakur.