Archive · 20 Aug 2025

Elysian Wealth Fund Raises Stake in Vishal Fabrics

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.

Sources