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 INR 231.55 each. The total issue size aggregates to approximately INR 6,499,999,819.50 (INR 650 Cr). Mellwood Trustee Services Private Limited is the proposed investor. A minimum of INR 3,250,000,000 is to be paid at subscription. The company will also convene an Extra-Ordinary General Meeting (EGM) on October 22, 2026, to seek shareholder approval for this preferential issue.