Adinath Exim Unlocks Opportunity: Major Fundraising to Propel Future Growth

Adinath Exim Resources Ltd. has made public its intention to secure finances by issuing 885,000 equity shares at the price of ₹57 per share. This was approved during a Board meeting on April 10, 2025, for the purpose of strengthening the position of funds for new initiatives of growth for the Company.

 

The equity shares will be issued on a preferential basis according to guidelines laid out by applicable laws. The total proposed sales through issuing the equity shares is approximately ₹5.05 crore. The Company also plans to increase its authorized capital, and amend Memorandum of Association, and take action to get required approvals by the shareholders and regulatory authorities. 

 

This funding initiative conforms with Adinath Exim Resources' strategic objective of increasing its capital base to consider growing its business operations. It is a financial services company in the process of obtaining a regulatory license and has been pursuing growth strategies for the past two quarters.

 

The Board also considered other proposals, which proposed options for an Employee Stock Option Scheme (ESOS/ESOP) to ensure employee alignment with the longer-term goal of the corporation.

 

Source: Business Standard