
Corporate Action13 Jul 2026, 12:16 pm
Emkay Global Allots 50,000 Equity Shares on Warrant Conversion
AI Summary
Emkay Global Financial Services Ltd has allotted 50,000 equity shares of face value Rs. 10 each to Mr. Prakash Kacholia, a promoter, upon conversion of warrants. This allotment follows the payment of the balance subscription amount. The company's issued, subscribed, and paid-up capital has increased accordingly. The newly allotted shares rank pari-passu with existing equity shares. This is part of a larger warrant issuance initiated on October 24, 2025, where 95,00,000 warrants were allotted to various entities.
Key Highlights
- 50,000 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. 27,38,01,310.
- New shares rank pari-passu with existing equity shares.
- Management Committee approved the allotment on July 13, 2026.
Price Impact
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