Investment2 April 2026 at 04:11 pm
Suditi Industries Ltd Allots 29,703 Warrants on Preferential Basis
AI Summary
Suditi Industries Ltd has allotted 29,703 warrants on a preferential basis to a non-promoter individual. Each warrant is priced at Rs. 59.12 and is convertible into one equity share of the company after paying the balance consideration of Rs. 44.34 within 18 months from the date of allotment. The warrants are locked-in for a specified period as per the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company has received Rs. 4,39,010.34 as the subscription amount for the warrants.
Key Highlights
- Suditi Industries Ltd has allotted 29,703 warrants on a preferential basis to a non-promoter individual.
- Each warrant is priced at Rs. 59.12 and is convertible into one equity share of the company after paying the balance consideration of Rs. 44.34 within 18 months from the date of allotment.
- The warrants are locked-in for a specified period as per the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
- The company has received Rs. 4,39,010.34 as the subscription amount for the warrants.