Deals12 Aug 2026, 03:29 pm
BRG Infra Allots 11 Lakh Warrants for ₹3.27 Cr
AI Summary
B.R. Goyal Infrastructure Ltd announced the allotment of 11,00,000 convertible warrants to non-promoter category allottees on a preferential basis. The warrants are priced at ₹119 each, convertible into one equity share. The company has received ₹3,27,25,000 as 25% subscription money for these warrants. The board meeting held on August 12, 2026, approved this allotment after obtaining necessary approvals from shareholders and BSE Limited. The warrants carry the right to subscribe to equity shares within 18 months of allotment.
Key Highlights
- Allotted 11,00,000 convertible warrants to non-promoters.
- Warrants issued at ₹119 each, convertible to equity shares.
- Received ₹3.27 Cr as 25% subscription money.
- Allotment approved by the Board of Directors.
- Warrants exercisable within 18 months from allotment.
Price Impact
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