Corporate Action14 May 2026, 02:59 pm
Organic Recycling Systems Allots 10 Lakh Equity Shares
AI Summary
Organic Recycling Systems Ltd has allotted 10,00,000 equity shares upon the exercise of warrants, each convertible into one equity share with a face value of ₹10. The allotment was made to one warrant holder, Bhavi Shah, following the receipt of ₹20,47,50,000 at ₹204.75 per warrant. Post-allotment, the paid-up equity share capital of the company has increased to ₹9,65,92,750, consisting of 96,59,275 equity shares of ₹10 each.
Key Highlights
- Organic Recycling Systems allots 10,00,000 equity shares upon warrant exercise.
- ₹20,47,50,000 received at ₹204.75 per warrant from one warrant holder.
- Post-allotment, paid-up equity share capital increases to ₹9,65,92,750.
- Equity shares allotted rank pari-passu with existing shares.
Price Impact
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