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Incorporated in 2003, Vasvani Industries Ltd is in the business of iron & steel, power, real estate and agri division
Vaswani Industries received approval to list 1.6 million new equity shares issued at Rs. 50 each to its promoter group. This capital infusion amounts to Rs. 8 Cr.
Vaswani Industries received BSE approval to list 16 lakh preferential shares to its promoter at ₹50/share. This new equity issue totals ₹8 Cr, enhancing the company's capital base.
Vaswani Industries' 50 MWp-DC solar plant at Mohbhatta received synchronization approval. Power generation is anticipated within seven days following successful grid integration. This marks a significant step towards project commissioning.
Vaswani Industries received approval to increase its MS Billet production capacity to 105,000 TPA, from 36,000 TPA previously. This operational boost should drive higher output.
Vaswani Industries significantly expanded Billet capacity to 150,000 MT/annum, with trials underway. Its two new Mohbhatta solar projects (total 50 MWp) are advancing, one securing bank finance. Both anticipate operations soon.