Triton Valves is planning to raise fund through issuance of equity shares and convertible warrants by way of preferential allotment, subject to obtaining the approval of the shareholders of the company. The board would further consider seeking approval of the members for the aforesaid proposal through Postal Ballot. A meeting of the board of directors of the company is scheduled to be held on December 11, 2019 to consider the same.
Triton Valves is India’s largest manufacturer of automotive tyre tube valves, valve cores and accessories. The product range of the company includes Valves,Cores,Service Tools,Adapters & Plugs.
