Board Meeting9 Oct 2026, 04:46 pm
CP Capital Ltd: Board Approves Articles Amendment & Warrant Issue
AI Summary
CP Capital Ltd's Board of Directors has approved an amendment to the Articles of Association to enable the issuance of warrants and other convertible securities. Additionally, the Board has approved the preferential issuance of up to 16,45,000 Fully Convertible Warrants to the Promoter and Promoter Group at an issue price of ₹152 per warrant. The total issue size aggregates up to ₹25,00,40,000 (₹25.004 Crore). An Extra-Ordinary General Meeting (EGM) is scheduled for November 02, 2026, to seek shareholder approval for these proposals.
Key Highlights
- Board approved amendment to Articles of Association for warrant issuance.
- Approves preferential issue of 16,45,000 warrants to Promoter/Group.
- Total issue size up to ₹25,00,40,000 (₹25.004 Crore).
- EGM scheduled for November 02, 2026, for shareholder approval.
- Warrants are convertible into equity shares at ₹152 each.
Price Impact
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