Cellecor reinvests ₹35.35 crore, targets ₹5,000 crore sales mark
Cellecor Gadgets Ltd promoters sold 88.95 lakh shares, raising ₹35.35 crore, fully reinvested into the company. ₹9.05 crore went towards converting warrants into equity at ₹240.20 per share, and ₹26.30 crore was infused as interest-free unsecured loans. This move strengthens financials, supports expansion, and targets ₹5,000 crore in sales, with promoters retaining a 46.3% stake.