Of the fresh issue proceeds, ₹70 crore will be used to expand the capacity of the crane unit, ₹50 crore for part debt repayment, and ₹45 crore for increasing the capital base of the tractor financing subsidiary.
Domestic Institutional Investors are showing strong confidence in Indian stocks. They invested nearly Rs 2.94 lakh crore by early June 2025.
Promoter pledged shares were reduced by 0.9 percentage point, from 17.8% in Q3 to 16.9% in Q4 FY25.
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