Archive · 20 Aug 2025
Elysian Wealth Fund Raises Stake in Vishal Fabrics
Imagine a company called Vishal Fabrics.
A company called Elysian Wealth Fund, which is like a big investor from Mauritius, bought more shares of the company.
This increased their total ownership to nearly 7%.
The stock price went up because of this.
The shares were bought through something called a preferential allotment.
This is when the company offers new shares to a specific investor.
The stock has gone up a lot recently, but it's a small company.
Elysian Wealth Fund increased its stake in Vishal Fabrics to 6.89% via preferential allotment.
The FII was allotted 80,67,176 equity shares, representing a 3.71% stake.
Vishal Fabrics' equity base expanded to ₹108.8 crore after the allotment.
The stock price rose as much as 4.64% on Wednesday.
The stock has rallied 23% in three months and 30% in six months.
- Who
- Elysian Wealth Fund and Vishal Fabrics.
- What
- Elysian Wealth Fund increased its stake in Vishal Fabrics.
- When
- Wednesday.
- Where
- India.
- Why
- Due to the preferential allotment of shares.
Positive Market Reaction
Market Fluctuations
Stock Performance
Positive Market Reaction
Stock Price Increase: The stock price jumped over 4% on Wednesday.
Market Fluctuations
Potential for Volatility: The stock has fallen 1% in one month.
- Elysian Wealth Fund Stake
- 6.89%
- Shares Allotted
- 80,67,176
- Allotment Type
- Preferential
- 1-Month Stock Performance
- -1%
- 2-Year Stock Performance
- 135%