Investment26 Feb 2026, 07:30 pm
Shish Industries Ltd Increases Capital by Rs. 48 Crores via Preferential Issue and Rs. 24.34 Crores from Warrants Allotment
AI Summary
Shish Industries Ltd has announced an increase in its issued, subscribed and paid-up equity share capital by Rs. 48,00,00,480/- through a preferential issue of 40000040 equity shares at a price of Rs. 12.00 per share. The company has also allotted 81142550 Fully Convertible Equity Warrants, each convertible into one fully paid-up equity share, raising an additional Rs. 24,34,27,650/-.
Key Highlights
- Shish Industries Ltd has increased its issued, subscribed and paid-up equity share capital by Rs. 48,00,00,480/- through a preferential issue.
- The preferential issue was made at a price of Rs. 12.00 per share, with a premium of Rs. 11.00 per share.
- The company has also allotted 81142550 Fully Convertible Equity Warrants, raising an additional Rs. 24,34,27,650/-.
- Each warrant is convertible into one fully paid-up equity share of the company.
- The total subscription amount for the warrants was Rs. 24,34,27,650/-.