Longspur International Ventures Ltd. Approves Increase in Authorized Share Capital and Preferential Issue of Equity Shares

Longspur International Ventures Ltd. announced that the Board of Directors discussed and approved an increase in the authorized share capital from Rs. 21,00,00,000 (Rupees Twenty-One Crores only) to up to Rs. 35,00,00,000 (Rupees Thirty-Five Crores only). The Board also approved the issue of up to 1,50,00,000 (One Crore Fifty Lakh) Equity shares of face value Rs. 10 /- (Rupees Ten Only) for cash at a price of Rs. 10/- for an amount up to Rs. 15,00,00,00(Fifteen Crore only) to several non-promoters/ promoters on a preferential basis. The proposed allottees include Vinod Harmukhrai Beriwal, Kamlesh S Chechani, Ananya Financial Solutions India Pvt. Ltd., Manoj Jain, Pritika Surana, Kamal M Bolia, Raj Thakur, Manas Thakur, Dharmesh Solanki, Kuber Equity Services LLP, Shaila Sanjaykumar Jain, Chirag Shantilal Shah (HUF), Dhaval Arun Kirloskar, Jayesh Patel, Salabh Pokharana, Ranjeet Agrawal HUF, Umeshkumar Jain, Pankaj J. Shah, Utkarsh Jain, Parul Kothari, Krishna Patel, Jimmikumar Patel, Rajesh Mulani, Hemang Padihar, Roma Bhandari, and Hemang Padihar.