Rox Hi-Tech approved a preferential issue of equity shares and warrants aggregating to ₹18.01 Crore. This capital infusion supports the company's strategic growth plans.
The Board of ROX Hi-Tech approved raising up to ₹20 Crore through various methods, including equity shares, preference shares, or other convertible securities.
ROX Hi-Tech Limited reported zero deviation in the utilization of ₹3.75 Crore raised through warrant conversions. Funds were fully deployed toward working capital requirements.