StockWatch
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Non Banking Financial Company (NBFC)
Corporate Action5 May 2026, 04:30 pm

Prism Medico Allots 75 Lac Equity Shares at ₹10 Each

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 on March 20, 2026, and BSE's in-principle approval on March 25, 2026. The board meeting, held on May 05, 2026, 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 also allotted at ₹10 each.
  • Allotment is on a preferential basis.
  • Decision follows shareholder approval on March 20, 2026.
  • BSE's in-principle approval was received on March 25, 2026.