Deals6 Aug 2026, 09:30 pm
Rollatainers to issue 35.87 Cr warrants worth ₹80 Cr
AI Summary
Rollatainers Ltd announced a preferential offer to issue up to 35,87,44,394 equity warrants convertible into equity shares. The issue price is ₹2.23 per warrant, aggregating up to ₹80 crore. These warrants will be allotted to promoter and promoter group entities, as well as certain identified non-promoter group persons/entities. The issuance is subject to shareholder approval at the upcoming EGM and other regulatory approvals. This move is part of the company's strategy to raise capital through convertible instruments.
Key Highlights
- Company proposes to issue 35.87 crore convertible warrants.
- Total issue size aggregates up to ₹80 crore.
- Warrants to be issued on preferential basis to promoters and others.
- Issue is subject to shareholder and regulatory approvals.
- Face value of each warrant is ₹1, with a premium of ₹1.23.
Price Impact
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