Hari Govind International's Board has approved the allotment of 28,57,500 new equity shares through a preferential issue.

These shares, priced at Rs. 10 each, were allotted to 10 Proposed Promoters and Non-Promoters, raising Rs. 2.8575 Cr for the company.

This capital infusion significantly increases the company's paid-up capital from Rs. 5 Cr to Rs. 7.8575 Cr.

This strategic move strengthens the company's financial position and provides capital for future operations, marking a key development for stakeholders.