Vaswani Industries Allots 16.45 Lakh Shares to Promoters

Vaswani Industries Ltd announced the outcome of its Board Meeting held on October 23, 2026, approving the allotment of 16,45,000 equity shares at ₹60 per share to promoter category allottees. The total funds raised amount to ₹9.87 Crore. This preferential allotment increases the company's paid-up capital from ₹32.95 Crore to ₹34.59 Crore. The new shares will rank pari passu with existing equity shares and are subject to an 18-month lock-in period.