Corporate Action25 Jun 2026, 06:30 pm
Emkay Global Allots 1 Lakh Equity Shares on Warrant Conversion
AI Summary
Emkay Global Financial Services Ltd has announced the allotment of 1,00,000 equity shares to Mr. Prakash Kacholia, a promoter, upon conversion of warrants. This conversion follows the payment of the balance subscription amount of Rs. 179.625 per warrant. The allotment increases the company's issued, subscribed, and paid-up capital. The new equity shares rank pari-passu with existing shares. This is part of a larger warrant conversion process where 15,50,000 equity shares have been allotted to date.
Key Highlights
- 1,00,000 equity shares allotted to promoter Mr. Prakash Kacholia.
- Allotment is a result of warrant conversion upon payment of balance amount.
- Company's issued capital increased to Rs. 27,33,01,310.
- New shares rank pari-passu with existing equity shares.
- Total 15,50,000 shares allotted upon warrant conversion to date.
Price Impact
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