Longspur Intl Ventures Allots 76.2 Lakh Shares on Preferential Basis

Longspur International Ventures Limited has approved the allotment of 76,20,000 equity shares of face value ₹10 each at a price of ₹10 per share. This is part of a phased allotment following earlier approvals for a preferential issue of up to 2,03,50,000 equity shares. The company has received in-principle approval from the exchange for this allotment. Post this allotment, the company's issued and paid-up equity share capital has increased to 3,01,80,000 equity shares. The new shares will rank pari-passu with existing equity shares.