Aurique Ltd Allots 78.11 Lakh Warrants at ₹12 Each
Aurique Ltd announced the allotment of 78,11,100 Fully Convertible Equity Warrants on a preferential basis. The allotment was approved by the Board of Directors on September 28, 2026, following a special resolution passed by members on September 3, 2026, and in-principle approval from BSE on September 22, 2026. The warrants are convertible into equity shares at an issue price of ₹12.00 per warrant, including a premium of ₹2.00. Two allottees, Vishal Ishvarbhai Patel and Patel Vinodbhai Ramabhai, received 47,34,000 and 30,77,100 warrants respectively. The company has received 25% of the consideration amount upfront, and the balance 75% is payable upon exercise of conversion within 18 months. This allotment does not immediately change the company's paid-up share capital.
Key Highlights
- Aurique Ltd allotted 78,11,100 equity warrants on preferential basis.
- Warrants issued at ₹12.00 per warrant, including ₹2.00 premium.
- Allotment made to two public category investors.
- 25% consideration received upfront; balance due on conversion.
- Warrants convertible within 18 months from allotment date.
Price Impact
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