Corporate Action5 May 2026, 04:41 pm
Prism Medico Allots 75 Lac Equity Shares, 50 Lac Warrants
AI Summary
Prism Medico and Pharmacy Ltd's board approved the allotment of 75,00,000 equity shares and 50,00,000 convertible warrants on a preferential basis, each at an issue price of ₹10. This decision follows the special resolution passed in the Extra-ordinary General Meeting held on March 20, 2026, and the in-principle approval from BSE Ltd on March 25, 2026. The board meeting commenced at 11:00 am and concluded at 4:00 pm.
Key Highlights
- Prism Medico allots 75,00,000 equity shares at ₹10 each.
- 50,00,000 convertible warrants allotted at ₹10 each.
- Allotment is on a preferential basis.
- BSE in-principle approval received on March 25, 2026.
Price Impact
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