StockWatch
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Residential- Commercial Projects
Corporate Action25 Sept 2026, 05:31 pm

Antariksh Industries Allots 22.25 Lakh Shares at ₹86

AI Summary

Antariksh Industries Limited has allotted 22,25,000 equity shares at a price of ₹86 per share, including a premium of ₹76. This preferential allotment, approved by shareholders via postal ballot and confirmed by the Board of Directors, aggregates to ₹19.135 crore. The issuance increases the company's issued, subscribed, and paid-up equity share capital from ₹20,49,400 to ₹2,42,99,400. The new shares rank pari-passu with existing equity shares.

Key Highlights

  • 22,25,000 equity shares allotted at ₹86 each.
  • Total funds raised amount to ₹19.135 crore.
  • Allotment made on a preferential basis to promoters and non-promoters.
  • Company's equity share capital increased significantly.
  • New shares will rank equally with existing shares.