Almondz Global Securities Allots 80 Lakh Warrants at ₹16.58

Almondz Global Securities Limited announced the allotment of 80,00,000 (Eighty Lakhs) Fully Convertible Warrants on a preferential basis. The warrants are issued at a price of ₹16.58 per warrant, with 25% of the issue price received upon allotment. Each warrant carries the right to subscribe to one equity share of face value ₹1/-. The remaining 75% of the issue price is payable within 18 months, upon which the warrants will be converted into equity shares. The allotment does not immediately change the company's paid-up share capital. The warrants are allotted to Ms. Nandakumar Padma, categorized under 'Non-Promoter, Public Category', and are subject to a lock-in period as per SEBI regulations.