
Corporate Action27 Aug 2026, 03:42 pm
Neetu Yoshi Ltd Allots 26.42 Lakh Warrants at ₹104 Each
AI Summary
Neetu Yoshi Ltd announced the allotment of 26,42,400 warrants on a preferential basis to promoters and non-promoters. The warrants are priced at ₹104 per warrant and are convertible into an equal number of equity shares of face value ₹5 each. This decision follows a board meeting held on August 27, 2026, and is in compliance with SEBI regulations. Each warrant can be exercised for conversion into one equity share within 18 months from the allotment date. The issue was fully subscribed, with an initial 25% payment received from investors.
Key Highlights
- Board approved allotment of 26,42,400 warrants.
- Warrants issued at ₹104 per warrant.
- Convertible into equity shares on a preferential basis.
- Conversion exercisable within 18 months.
- Issue fully subscribed by promoters and others.
Price Impact
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