
Corporate Action5 Oct 2026, 06:30 pm
CLN Energy Allots 2.5 Lakh Equity Shares on Preferential Basis
AI Summary
CLN Energy Ltd announced the outcome of its Board Meeting held on October 05, 2026. The Board approved the preferential allotment of 2,50,000 equity shares at an issue price of Rs. 423/- per share (Rs. 10 face value, Rs. 413 premium). The total subscription money received is Rs. 10,57,50,000/-. This allotment will increase the company's paid-up capital to Rs. 10,80,32,500/- from Rs. 10,55,32,500/-. The new shares will rank pari passu with existing equity shares. The allotment was made to CLN Energy PTE Limited, a promoter.
Key Highlights
- Board approved preferential allotment of 2,50,000 equity shares.
- Issue price fixed at Rs. 423 per share, including Rs. 413 premium.
- Total funds raised amount to Rs. 10.575 Crore.
- Paid-up capital increases to Rs. 10.80 Crore.
- Allotment made to promoter CLN Energy PTE Limited.
Price Impact
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