StockWatch
·
Non Banking Financial Company (NBFC)
Board Meeting12 Aug 2026, 03:04 pm

Anupam Finserv Board Approves Unaudited Q1 FY27 Results & Fund Raise

AI Summary

Anupam Finserv Ltd announced that its Board of Directors has approved the standalone unaudited financial results for the quarter ended June 30, 2026. The board also approved a proposal to issue 4,000,000 equity share warrants on a preferential basis to the promoter, Mr. Pravin Nanji Gala. These warrants are convertible into equity shares at an exercise price of ₹1.92 per share, aggregating to ₹76.80 Lacs. The warrants have a tenure of 18 months from the date of allotment, with 25% of the exercise price payable at subscription and the balance 75% upon exercise.

Key Highlights

  • Board approved unaudited financial results for the quarter ended June 30, 2026.
  • Company to issue 4,000,000 warrants to promoter on preferential basis.
  • Warrants are convertible into equity shares at ₹1.92 each.
  • Total fund raise via warrants amounts to ₹76.80 Lacs.
  • Warrants have an 18-month conversion period.