Investment25 Feb 2026, 02:16 pm
Almondz Global Securities Ltd. Approves Issuance of Equity Shares and Convertible Warrants Worth Rs. 25 Crore and Rs. 13.26 Crore Respectively
AI Summary
Almondz Global Securities Ltd. announced the outcome of their Board Meeting held on 25th February, 2026. The Board approved the issuance of equity shares worth Rs. 25 Crore to the promoter by converting existing unsecured loan. The company will issue up to 1,50,78,408 equity shares at a price of Rs. 16.58 per share. The Board also approved the issuance of up to 80,00,000 fully convertible warrants to non-promoter investors at an issue price of Rs. 16.58 per warrant, aggregating up to Rs. 13,26,40,000. This decision is subject to necessary approvals from the shareholders and regulatory authorities.
Key Highlights
- Almondz Global Securities Ltd. to issue equity shares worth Rs. 25 Crore to promoter by converting existing unsecured loan.
- The company will issue up to 1,50,78,408 equity shares at a price of Rs. 16.58 per share.
- The Board also approved the issuance of up to 80,00,000 fully convertible warrants to non-promoter investors.
- The warrants will be issued at an issue price of Rs. 16.58 per warrant, aggregating up to Rs. 13,26,40,000.
- The decisions are subject to necessary approvals from the shareholders and regulatory authorities.