New Launch7 Apr 2026, 05:31 pm
Aviva Industries Ltd Allots 15,95,000 Equity Shares Following Warrant Conversion
AI Summary
Aviva Industries Ltd has allotted 15,95,000 Equity Shares of face value INR 10/- each, following the conversion of 15,95,000 Fully Convertible Equity Warrants (Warrants). The Warrants were allotted on January 07, 2026, to Mr. Chavdhari Navinbhai Rameshbhai, a Non-Promoter, at an issue price of INR 28/- per Warrant. The allotment has increased the company's paid-up equity share capital from INR 30,90,40,000/- to INR 32,49,90,000/-. The Board Meeting commenced at 04:30 PM and concluded at 05:00 PM on April 07, 2026.
Key Highlights
- Aviva Industries Ltd has allotted 15,95,000 Equity Shares following the conversion of Warrants.
- The Warrants were allotted to Mr. Chavdhari Navinbhai Rameshbhai, a Non-Promoter, at an issue price of INR 28/- per Warrant.
- The allotment has increased the company's paid-up equity share capital from INR 30,90,40,000/- to INR 32,49,90,000/-.
- The Board Meeting commenced at 04:30 PM and concluded at 05:00 PM on April 07, 2026.
Price Impact
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