5paisa Capital Ltd: Update on Preferential Issue of Equity Shares
5paisa Capital Limited has provided an update regarding its proposed preferential issue of equity shares. This issuance is for consideration other than cash, structured as a share swap arrangement, in compliance with SEBI regulations and the Companies Act, 2013. The company has shared detailed shareholding patterns before and after the proposed issuance, including the percentage of post-preferential issue capital for allottees on a fully diluted basis. Annexure A details the pre- and post-issue shareholding, showing a total of 4,95,57,795 shares post-issue. Annexure B indicates that the proposed preferential issue will not result in a change of control, although it will lead to a 1.97% reduction in promoter holding. Specific allottees, Mr. Amber Pabreja and Ms. Devi Yeshodharan, will hold 2.39% and 1.75% respectively post-allotment.
Key Highlights
- 5paisa Capital announces update on preferential equity share issuance via share swap.
- Detailed pre- and post-issue shareholding patterns have been disclosed.
- Proposed issue will not result in a change of control for the company.
- Promoter holding is expected to reduce by 1.97% post-issuance.
- Specific allottees will hold 2.39% and 1.75% post-allotment.
Price Impact
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