Welspun Specialty Solutions Limited (BSE Scrip Code: 500365) has announced that its Board of Directors will convene on Wednesday, November 13, 2024. The meeting’s agenda includes the consideration of a proposal to raise funds through various methods, including equity shares, rights issue, qualified institutions placement (QIP), preferential issue, or any other legally permitted approach.
The fund-raising initiative will be subject to necessary regulatory and statutory approvals. This move aligns with Welspun’s strategic financial plans aimed at expanding its operations and reinforcing its market position.
For further updates, stakeholders are advised to stay tuned for official announcements post the board meeting.
