Aurique Ltd Allots 98.38 Lakh Warrants at ₹12 Each

Aurique Ltd announced the allotment of 98,38,200 Fully Convertible Equity Warrants on a preferential basis to 2 allottees. The warrants are convertible into equity shares at an issue price of ₹12.00 per warrant, including a premium of ₹2.00. This allotment follows a special resolution passed by the members and in-principle approval from BSE. The company has received 25% of the consideration amount upfront, and there is no immediate change in paid-up share capital. Each warrant is convertible into one equity share of face value ₹10 within 18 months.