Wardwizard Innovations board to consider rights issue, fund raising; Stock surges near 4%

The company’s brands include VYOM and Joy E-BIKE.

Sep 15, 2021 09:09 IST India Infoline News Service

Wardwizard Innovations & Mobility Limited (Formerly known as Manvijay Development Company Ltd) has informed to the exchange that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, September 20, 2021.

The meeeting of Board  of Directors to inter alia, consider and decide fund raising for various business purposes and to explore avenues for the same including by way of rights issue of equity shares of the Company.

Wardwizard Innovations & Mobility Limited, formerly Manvijay Development Company Ltd., engaged in the field of technology and health-oriented consumer products. The Company’s brands include VYOM and Joy E-BIKE. 

On Wednesday early trade, Wardwizard Innovations was trading at Rs77.50 per piece higher by 3.68% on Sensex.

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