Corporate Action25 Sept 2026, 06:21 pm
Aurique Ltd Allots 73.5 Lakh Equity Warrants on Preferential Basis
AI Summary
Aurique Ltd announced the allotment of 73,50,700 Fully Convertible Equity Warrants on a preferential basis. The allotment was approved by the Board of Directors on September 25, 2026, following a special resolution passed by shareholders and in-principle approval from BSE. The warrants are convertible into equity shares at an issue price of Rs. 12.00 per warrant, with a premium of Rs. 2.00. The company has received 25% of the consideration upfront. Each warrant is convertible into one equity share of face value Rs. 10/- within 18 months.
Key Highlights
- Aurique Ltd allotted 73,50,700 equity warrants on preferential basis.
- Issue price set at Rs. 12.00 per warrant, including Rs. 2.00 premium.
- Warrants are convertible into equity shares within 18 months.
- 25% of the consideration received upfront from allottees.
- Allotment made to Promoter & Promoter Group and Public categories.
Price Impact
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