StockWatch
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Stockbroking & Allied
Corporate Action16 Apr 2026, 11:56 am

Pune E - Stock Broking Allots 16 Lakh Convertible Warrants

AI Summary

Pune E - Stock Broking Ltd's Board of Directors, in a meeting held on April 16, 2026, approved the allotment of 16,00,000 (Sixteen Lakhs) convertible warrants. These warrants were allotted on a preferential basis, following the receipt of duly signed application forms and application amounts from the proposed allottees. The decision was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting commenced at 11:00 am and concluded at 11:30 am.

Key Highlights

  • Board approved allotment of 16 lakh convertible warrants.
  • Warrants issued on a preferential basis to allottees.
  • Decision made at the board meeting on April 16, 2026.
  • This action impacts the company's capital structure.