
Corporate Action17 Aug 2026, 06:50 pm
Samyak International Allots 40 Lakh Equity Shares & Warrants
AI Summary
Samyak International Ltd announced the outcome of its Board Meeting held on August 17, 2026, detailing the allotment of 40,00,000 equity shares and 40,00,000 warrants. The equity shares were issued at a price of ₹17 each (including ₹7 premium), and warrants were also issued at ₹17 each, convertible into equity shares at a premium of ₹7. This allotment follows member approval from an EGM on July 9, 2026, and in-principle approval from BSE. The company received upfront subscription for the warrants, with the balance payable upon exercise within 18 months. The equity shares rank pari-passu with existing shares.
Key Highlights
- Board approved allotment of 40,00,000 equity shares.
- Board approved allotment of 40,00,000 warrants.
- Equity shares issued at ₹17 each, including ₹7 premium.
- Warrants issued at ₹17 each, convertible to equity at ₹7 premium.
- Allotment made via preferential issue, following member approval.
Price Impact
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