ACS Technologies Allots 86.95 Lakh Equity Shares on Warrant Conversion

ACS Technologies Ltd announced the allotment of 86,95,000 equity shares following the conversion of warrants. The shares were issued at ₹31.25 each, including a premium of ₹21.25 per share, upon receipt of the balance consideration of ₹20,37,89,062.50. This conversion represents 75% of the issue price per warrant. The allotment was made to 'Non-Promoters/Public' category investors. The newly allotted shares will rank pari passu with existing equity shares. The company had initially allotted warrants on December 1, 2025, at ₹31.25 per warrant, with 25% consideration received upfront. Some warrants remain outstanding for conversion within the 18-month period.