Vishal Fabrics has informed about the outcome of the Fund-raising Committee Meeting of the Board of Directors held on July 15, 2025. Fund raising Committee of the Board of Directors of the Company in their meeting held on today i.e. Tuesday, July 15, 2025, considered and approved the allotment of equity shares having face value of Rs 5 each, upon full conversion of 7500000 warrants applied by M/s. North Star Opportunities Fund-VCC Bull Value Incorporated VCC Sub-Fund - ‘NonPromoter, Public Category’, issued at an issue price of Rs 30.60 each, on preferential basis, upon receipt of amount aggregating to Rs 17,21,25,000 at the rate of Rs 22.95 per warrant from the allottee pursuant to the exercise of their rights of conversion into equity shares in accordance with the provisions of SEBI (ICDR) Regulations, 2018.
The above information is a part of company’s filings submitted to BSE.
