Investment2 Mar 2026, 12:39 pm
SPML Infra Allots 3,25,000 Equity Shares to Promoter Group Entity
AI Summary
SPML Infra Ltd has allotted 3,25,000 equity shares at a price of Rs. 215/- each, including a premium of Rs. 213/-, to Niral Enterprises Pvt Ltd, a promoter group entity. This allotment is pursuant to the rights attached to 3,25,000 warrants. The decision was made by the Board of Directors through a Circular Resolution on 2rd March, 2026, and is in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable rules/regulations.
Key Highlights
- SPML Infra allots 3,25,000 equity shares to promoter group entity Niral Enterprises Pvt Ltd.
- The allotment is pursuant to rights attached to 3,25,000 warrants.
- The shares are allotted at a price of Rs. 215/- each, including a premium of Rs. 213/-.
- The decision is made by the Board of Directors through a Circular Resolution on 2rd March, 2026.
- The allotment is in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable rules/regulations.