Investment4 Sept 2026, 12:48 pm
Fabtech Cleanrooms Allots 3.8 Lakh Warrants Worth ₹15 Cr
AI Summary
Fabtech Cleanrooms Limited has approved the allotment of 3,80,711 warrants, each convertible into one equity share, at a price of ₹394 per warrant. The total issue size aggregates to ₹15,00,00,134. The company has received an upfront payment of ₹3,75,00,033.50, representing 25% of the warrant issue price. This allotment was approved by the Board of Directors and subsequently by shareholders in an EOGM, with in-principle approval from BSE Limited. The warrants are proposed to be allotted to specific individuals as detailed in the filing.
Key Highlights
- Company allots 3,80,711 warrants convertible to equity shares.
- Total issue size for warrants is ₹15,00,00,134.
- Received upfront payment of ₹3,75,00,033.50 (25% of issue price).
- Allotment approved by Board, Shareholders, and BSE.
- Warrants are issued on a preferential basis.
Price Impact
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