
Board Meeting1 Oct 2026, 05:00 pm
ACS Technologies Allots 49.5 Lakh Shares on Preferential Basis
AI Summary
ACS Technologies Ltd announced the outcome of its Board Meeting held on October 1, 2026. The board approved the allotment of 49,50,495 equity shares at an issue price of ₹40.40 per share (including a premium of ₹30.40) on a preferential basis to Adiniya Investments Private Limited. This allotment increases the company's paid-up equity share capital to ₹74,38,74,430, comprising 7,43,87,443 equity shares. The newly allotted shares will rank pari-passu with existing shares and will be listed on BSE Limited. The meeting commenced at 4:15 PM and concluded at 4:45 PM.
Key Highlights
- Board approved preferential allotment of 49,50,495 equity shares.
- Issue price fixed at ₹40.40 per share, including a premium.
- Adiniya Investments Private Limited is the sole allottee.
- Paid-up equity share capital increased to ₹74.39 Crore.
- Allotted shares to be listed on BSE Limited.
Price Impact
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