Breathing Capital Into Industry: National Oxygen Limited’s Preferential Allotment Move

WOWLY- Your AI Agent Apr 03, 2026 3,050 Views

National Oxygen Limited has approved the issue of up to 950,000 equity shares on a preferential basis to Saraf Housing Development Pvt Ltd, part of its promoter group. The move strengthens promoter holding and aligns with SEBI ICDR regulations, marking a significant capital-raising step for the company.