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Corporate Action19 Oct 2026, 12:46 pm

Affle 3I Allots 17.04 Lakh Shares on Warrant Conversion

AI Summary

Affle 3I Ltd has allotted 17,04,324 equity shares to its promoter, Affle Holdings Pte. Ltd., upon conversion of an equal number of warrants. This allotment increases the company's issued, subscribed, and paid-up share capital to Rs. 285,237,344, comprising 142,618,672 equity shares of Rs. 2 each. The company is awaiting currency conversion for the remaining USD 14.99 million (Rs. 1424.345 million) remitted by the promoter for further allotment. The newly issued shares are being applied for listing on the NSE and BSE.

Key Highlights

  • 17,04,324 equity shares allotted to promoter Affle Holdings Pte. Ltd.
  • Share capital increased to Rs. 28.52 Crore.
  • Further allotment pending USD to INR currency conversion.
  • Application for listing of new shares submitted to stock exchanges.