New Delhi, June 5, 2025 – The promoters of Cellecor Gadgets Limited, one of India’s fastest-growing electronic consumer brands, have announced a strategic decision to divest a portion of their shareholding through an open market transaction. This move, while personally significant, is aimed at ensuring that Cellecor continues its high-growth trajectory without capital constraints, benefiting the company and all its stakeholders.
Reinvestment to Fuel Business Expansion & Financial Strength
As part of this transaction, the promoters will sell 10 million shares, with the entire proceeds reinvested into the company through equity and interest-free unsecured loans. This decision reaffirms their long-term commitment to Cellecor’s financial strength and sustainable growth.
The promoters have no external business interests, ensuring their full entrepreneurial energy remains dedicated to the company’s success. In the past, they have demonstrated unwavering conviction by mortgaging personal assets to secure working capital at lower interest rates, underscoring their complete alignment with Cellecor’s vision and long-term goals.
Future-Focused Capital Strategy
This proactive capital planning approach will:
✔ Strengthen the company’s balance sheet
âś” Reduce reliance on external debt
âś” Enhance financial agility in a rapidly expanding market
âś” Fund working capital, scale operations, and accelerate innovation
âś” Improve stock liquidity and attract institutional investors
The promoters believe that enhancing capital adequacy and broadening the shareholder base are essential to driving long-term sustainable performance.
Leadership Perspective
Ravi Agarwal, Managing Director of Cellecor Gadgets Limited, shared his thoughts:
“This decision is both strategic and deeply personal. We have built Cellecor with passion and vision, and reinvesting the entire proceeds from this stake sale underscores our unwavering commitment to its future. With no other business interests, our sole focus is the success of this enterprise. This step will fuel continued growth, broader ownership, and stronger market liquidity, benefiting every stakeholder who has placed their trust in us.”
Commitment to Responsible Governance & Transparency
Following the completion of the transaction, the promoter family will retain 45.8% equity in Cellecor. All regulatory disclosures pertaining to the reinvestment will be made in full compliance with SEBI and stock exchange regulations.
Through this move, Cellecor Gadgets Limited reaffirms its commitment to responsible governance, sustained innovation, and long-term value creation for its shareholders and stakeholders.
