Davin Sons Retail Limited's Board has approved increasing its Authorised Share Capital from ₹6 Crore to ₹10 Crore.

This move paves the way for a preferential allotment of up to 19.25 Lakh equity shares and 11.50 Lakh convertible warrants at ₹25 each, primarily to promoters and select investors.

The total issue aims to raise approximately ₹7.69 Crore.

These steps will enhance the company's capital base, subject to shareholder approval at an upcoming Extra-Ordinary General Meeting.