Super Crop Safe Allots 1.17 Cr Shares on Preferential Basis

Super Crop Safe Limited announced the allotment of 1,17,44,722 equity shares at an issue price of ₹13 per share on a preferential basis. This allotment is to non-promoters for the conversion of outstanding unsecured loans into shares. The total amount raised through this preferential issue is ₹15,26,81,386. The company's issued, subscribed, and paid-up equity share capital has increased from ₹8,04,29,000 to ₹10,39,18,444, with the number of equity shares growing from 4,02,14,500 to 5,19,59,222. The newly allotted shares will rank pari-passu with existing equity shares.