
Corporate Action21 Oct 2026, 08:20 pm
Shree Salasar Investments Allots 18.5 Lakh Warrants
AI Summary
Shree Salasar Investments Limited's Board of Directors has approved the allotment of 18,50,000 warrants on a preferential basis to promoter and identified non-promoter categories. The warrants are convertible into an equal number of equity shares within 18 months upon payment of the remaining issue price. This issuance does not immediately change the company's paid-up equity share capital. The total issue size for these warrants is ₹32,37,50,000, with an issue price of ₹175 per warrant.
Key Highlights
- Board approved allotment of 18,50,000 warrants.
- Warrants issued to promoter and non-promoter categories.
- Conversion into equity shares within 18 months.
- Total issue size of ₹32,37,50,000.
- No immediate change in paid-up equity share capital.
Price Impact
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