
Investment28 May 2026, 07:40 pm
543411 to issue 90 lakh warrants at ₹100 via preferential issue
AI Summary
The Board of Directors of 543411, in its meeting on May 28, 2026, approved the issuance of 90,00,000 fully convertible equity warrants. These warrants, each convertible into one equity share, will be issued at a price of ₹100 per share to the Promoter Group through a preferential issue, subject to shareholder approval via postal ballot. Additionally, the Board approved the audited financial results for the quarter and financial year ended March 31, 2026, and appointed M/s S. Shekhar & Co. as Cost Auditors and M/s BAS & Co. LLP as Internal Auditors for FY2026-27.
Key Highlights
- Board approved issuing 90 lakh fully convertible equity warrants.
- Warrants priced at ₹100 each, issued to Promoter Group.
- Fundraising via preferential issue requires shareholder approval.
- Audited financial results for Q4/FY26 were also approved.
- Cost and Internal Auditors appointed for FY2026-27.
Price Impact
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