StockWatch
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Packaging
Board Meeting26 Oct 2026, 07:12 pm

Rollatainers Ltd Approves Warrants Issue & Acquisition

AI Summary

Rollatainers Ltd's Board of Directors has approved the issue and allotment of 13,45,29,149 equity convertible warrants at Rs. 2.23 each, totaling up to Rs. 30,00,00,002 (₹30.00 Crore). The company has received 25% of the consideration, amounting to Rs. 7,50,00,003 (₹7.50 Crore). Additionally, the board approved the acquisition of equity shares in Satelite Forgings Private Limited, which will become a wholly-owned subsidiary upon completion. The board meeting was held on October 26, 2026.

Key Highlights

  • Board approves issuance of 13.45 crore convertible warrants.
  • Total issue size for warrants is ₹30.00 Crore.
  • Company to acquire Satelite Forgings Private Limited.
  • Acquisition aims to make Satelite Forgings a wholly-owned subsidiary.