ANI PR Wire
01 Jul 2025, 18:30 GMT+10
VMPL
Mumbai (Maharashtra) [India], July 1: Vinyas Innovative Technologies Limited (NSE SME: VINYAS), Mysuru; is a leading EMS provider catering to global OEMs/ODMs across aerospace, defence, medical, and industrial sectors, has announced the successful completion of a 150.04 crore fundraise, led by Singularity Ventures (of Madhusudan Kela) and other marquee investors, along with the NADCAP accreditation from PRI (Performance Review Institute), marking significant milestones in the company's growth strategy.
Issue Details
Type of Securities: Warrants convertible into Equity Shares
Type of Issuance: Preferential Issue of Warrants
Total Securities Proposed to be Issued:
- 13,64,000 Warrants (Thirteen lakh sixty-four thousand only)
- Each warrant convertible into 1 fully paid-up equity share of face value 10/-
- Issue Price: 1,100/- per warrant
- Total Fund Raise: 150.04 crore
Fund Raised Objectives
- Strengthening working capital to boost production
- Expanding capacity to meet rising demand
Name Of Investors
Quality Achievement through NADCAP Accreditation
Received NADCAP Accreditation - June 27, 2025
Vinyas Innovative Technologies Ltd received Accreditation for Electronics- Print Board Assemblies
Nadcap recognizes Vinyas Innovative Technologies Ltd for its commitment to continual improvement in aerospace quality Vinyas Innovative Technologies Ltd announces that it has received. Nadcap accreditation for Electronics- Printed Board Assemblies.
The Company States, "Nadcap accreditation is globally recognized as a hallmark of quality, and isa major accomplishment. For many years, the aerospace industry has incorporated Nadcap into its approach for handling risk, as it demonstrates compliance to industry standards and customer requirements. We are delighted, therefore, that Vinyas Innovative Technologies Ltd has achieved Nadcap accreditation for Electronics- Printed Board Assemblies, and that all the hard work has paid off."
Vinyas Innovative Technologies Ltd received Nadcap accreditation for demonstrating their ongoing commitment to quality by satisfying customer requirements and industry specifications.
Management Perspective
Mr. Narendra Narayanan, Managing Director, stated, "The successful 150 crore fund raise, combined with our robust 1,018 crore order book (as of May 31, 2025), positions us perfectly to execute on the substantial orders pipeline. Our NADCAP Accreditation further strengthens our credibility with aerospace and defence clients, opening new growth opportunities.
With strong order book visibility and enhanced financial resources, we are well-equipped to expand our capacity and meet the growing demand from our clients. India targets 50,000 crore in defence exports by 2029, driven by rising global demand and a strong manufacturing push, and we are strategically positioned to tap this particular growth. This creates a strong foundation for accelerated growth in high-value aerospace and defence sectors."
(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
Get a daily dose of Cambodian Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cambodian Times.
More InformationBEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
]LONDON, U.K.: A World Health Organization (WHO) expert group investigating the origins of the COVID-19 pandemic released its final...
DOVER, Delaware: California Governor Gavin Newsom has taken legal aim at Fox News, accusing the network of deliberately distorting...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
TORONTO, Canada: Harvard University and the University of Toronto have created a backup plan to ensure Harvard graduate students continue...
JERUSALEM, Israel: Israeli Prime Minister Benjamin Netanyahu says that Israel's success in the war with Iran could open the door to...
New Delhi [India], July 1 (ANI): The Delhi & District Cricket Association (DDCA) on Tuesday announced the addition of two new men's...
(250701) -- ORLANDO, July 1, 2025 (Xinhua) -- Ali Lajami (R) of Al Hilal saves the ball during the round of 16 match between Manchester...
ORLANDO, 1st July, 2025 (WAM) -- Saudi Arabian side Al Hilal sent English giants Manchester City crashing out of the Club World Cup...
Chiang Mai [Thailand], July 1 (ANI): Group B of the AFC Women's Asian Cup 2026 Qualifiers has almost turned into a two-horse race after...
(250701) -- CHARLOTTE, July 1, 2025 (Xinhua) -- Thiago Silva (top) of Fluminense FC celebrates for the goal of teammate Hercules during...
By Shaurya Dutt Zagreb [Croatia], July 1 (ANI): Indian chess grandmaster Rameshbabu Praggnanandhaa has become the country's highest-ranked...