Investment18 Jul 2026, 12:01 pm
SPML Infra Allots 6.94 Lakh Shares & 95.39 Lakh Warrants
AI Summary
SPML Infra Ltd announced the allotment of 6,93,999 equity shares and 95,39,449 warrants through a circular resolution passed on July 18, 2026. This includes 3,09,141 equity shares allotted on a preferential basis to non-promoters for ₹5.75 Crore and 3,84,858 equity shares to National Asset Reconstruction Company Ltd on conversion of ₹7.16 Crore loan. Additionally, 95,39,449 warrants were allotted to promoter and non-promoter groups at ₹186 per warrant, with an initial infusion of ₹44.36 Crore (25% of the warrant value). These warrants are convertible into equity shares within 18 months.
Key Highlights
- SPML Infra allotted 6,93,999 equity shares and 95,39,449 warrants.
- Equity shares allotted for ₹5.75 Cr infusion and loan conversion.
- Warrants allotted with ₹44.36 Cr initial infusion (25%).
- Warrants convertible to equity within 18 months.
- Allotments made on a preferential basis to promoters and non-promoters.
Price Impact
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