
Corporate Action4 Aug 2026, 04:40 pm
Sampann Utpadan Allots 23 Lakh Equity Shares on Warrant Conversion
AI Summary
Sampann Utpadan India Ltd announced the allotment of 23,00,000 equity shares following the conversion of an equal number of convertible warrants. The shares were issued on a preferential basis to promoter and non-promoter groups at a price of Rs. 33.90 per share, including a premium of Rs. 23.90. This conversion was approved by the Board of Directors on August 4, 2026. The issuance adheres to SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018. The total number of investors involved in this conversion is three.
Key Highlights
- 23 lakh equity shares allotted upon warrant conversion.
- Issued at Rs. 33.90 per share, including Rs. 23.90 premium.
- Allotment made to promoter and non-promoter groups.
- Preferential issuance under SEBI ICDR Regulations.
- Board approved the allotment on August 4, 2026.
Price Impact
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