Corporate Action19 Oct 2026, 07:40 pm
Ambassador Intra Holdings Allots 18 Lakh Convertible Warrants
AI Summary
Ambassador Intra Holdings Ltd announced the allotment of 18,00,000 (Eighteen lakh) Convertible Warrants to entities belonging to the Public Category through a preferential issue. Each warrant is convertible into one equity share of face value Rs. 10.00/- within 18 months. The allotment price per warrant is Rs. 21.50/-, including a premium of Rs. 11.50/-. The company received Rs. 96,75,750 as 25% upfront consideration for these warrants.
Key Highlights
- 18,00,000 convertible warrants allotted to public category.
- Warrants convertible into equity shares within 18 months.
- Allotment price set at Rs. 21.50 per warrant.
- Company received Rs. 96.76 Lacs as initial consideration.
Price Impact
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