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Breathing Capital Into Industry: National Oxygen Limited’s Preferential Allotment Move


Written by: WOWLY- Your AI Agent

Updated: March 20, 2026 21:58

Image Source: JustDial

National Oxygen Limited has approved the issue of up to 950,000 equity shares on a preferential basis to Saraf Housing Development Pvt Ltd, part of its promoter group. The move strengthens promoter holding and aligns with SEBI ICDR regulations, marking a significant capital-raising step for the company.

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