StockWatch
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Non Banking Financial Company (NBFC)
Corporate Action11 May 2026, 12:06 pm

Apex Capital converts 76,00,000 warrants to equity shares

AI Summary

Apex Capital And Finance Ltd has converted 76,00,000 share warrants into 76,00,000 fully paid equity shares on May 11, 2026. The Securities Committee approved the allotment of these shares, each with a face value of ₹10, following the receipt of requests from warrant holders and confirmation of payment of the balance 75% of the warrant issue price. The total amount received towards the exercise price was ₹71,25,00,000. Post-allotment, the paid-up equity share capital of the company has increased from ₹5,91,99,780 to ₹13,51,99,780.

Key Highlights

  • Apex Capital converted 76,00,000 warrants into equity shares on May 11, 2026.
  • ₹71,25,00,000 was received towards the exercise price of the warrants.
  • Post-allotment, paid-up equity share capital increased to ₹13,51,99,780.
  • All 76,00,000 warrants stand fully converted into equity shares.
  • New equity shares rank pari-passu with existing shares.