StockWatch
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Pharmaceuticals
Corporate Action5 Sept 2026, 01:31 pm

Asston Pharma Allots 24.1 Lakh Shares via Preferential Issue

AI Summary

Asston Pharmaceuticals Ltd announced the allotment of 24,10,431 equity shares through a preferential issue. The shares were issued at Rs. 115 each, including a premium of Rs. 105. This allotment increases the company's paid-up equity share capital to Rs. 10,92,27,910, comprising 1,09,22,791 equity shares. The Board of Directors approved this decision during a meeting held on September 05, 2026. The newly allotted shares will rank pari passu with existing equity shares.

Key Highlights

  • Company allotted 24,10,431 equity shares via preferential issue.
  • Issue price fixed at Rs. 115 per share, including Rs. 105 premium.
  • Paid-up equity share capital increased to Rs. 10,92,27,910.
  • Allotted shares will rank pari passu with existing shares.
  • Board approved the allotment on September 05, 2026.