Corporate Action19 Oct 2026, 07:30 pm
Ambassador Intra Allots 18 Lakh Convertible Warrants
AI Summary
Ambassador Intra Holdings Ltd announced that its Board of Directors has approved and allotted 18,00,000 (Eighteen lakh) Convertible Warrants on a preferential basis. Each warrant can be converted into one fully paid-up Equity Share of face value Rs. 10.00/- within 18 months. The warrants were issued at Rs. 21.50/- each, including a premium of Rs. 11.50/-, for cash consideration to entities in the Public Category. The total consideration for the allotment is Rs. 96,75,750, with 25% paid upfront.
Key Highlights
- Board approved allotment of 18,00,000 convertible warrants.
- Warrants are convertible into equity shares within 18 months.
- Warrants issued at Rs. 21.50 each on preferential basis.
- Total upfront consideration received is Rs. 96,75,750.
- Allotment made to entities in the Public Category.
Price Impact
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