Aequs Ltd Approves Preferential Issue of Warrants Worth ₹650 Cr

Aequs Limited's Board of Directors has approved a preferential issue of up to 28,071,690 warrants, convertible into equity shares, at an issue price of ₹231.55 per warrant. The total issue size amounts to approximately ₹6,499,999,819.50. Mellwood Trustee Services Private Limited is the sole investor, subscribing to all warrants as a promoter. A minimum of ₹3,250,000,000 is to be paid at subscription, with the balance due upon warrant exercise. The company will convene an Extra-Ordinary General Meeting (EGM) on October 22, 2026, to seek shareholder approval for this preferential issue.