Other Industrial Products
Investment1 April 2026 at 08:43 am

Simplex Castings Ltd. Allots 5,061 Equity Shares on Preferential Basis Aggregating to ₹25,00,134

AI Summary

Simplex Castings Ltd. has allotted 5,061 fully paid-up Equity Shares of face value ₹10 each at an issue price of ₹494/- per share (including a premium of ₹484/- per share) on a preferential basis to Abhishek Danbhadur Singh, a Non-Promoter. The total amount for this allotment is ₹25,00,134. This allotment was approved by the shareholders of the Company by way of Special Resolution in the Extra-Ordinary General Meeting of the Company held on March 2, 2026 and In-principle approval was granted by BSE Limited. The equity shares so allotted, shall rank pari-passu with the existing equity shares of the Company in all respects. The paid-up share capital of the Company will increase from ₹8,19,41,860/- to ₹8,19,92,470/- consequent to this allotment.

Key Highlights

  • Simplex Castings Ltd. allotted 5,061 Equity Shares on Preferential Basis
  • The total amount for this allotment is ₹25,00,134
  • Abhishek Danbhadur Singh, a Non-Promoter, is the allottee
  • The allotment was approved by the shareholders and BSE Limited
  • The equity shares so allotted, shall rank pari-passu with the existing equity shares