
Corporate Action1 Sept 2026, 04:26 pm
Thomas Scott Allots 91,575 Equity Shares on Warrant Conversion
AI Summary
Thomas Scott (India) Ltd has announced the allotment of 91,575 equity shares following the conversion of convertible warrants on a preferential basis. The shares were issued at a premium of ₹320 per share, with a face value of ₹10 each. This allotment increases the company's total equity shares to 1,48,53,530. The shares rank pari passu with existing equity shares and will be subject to lock-in provisions as per SEBI regulations. The company is proceeding with the listing application for these new shares.
Key Highlights
- 91,575 equity shares allotted upon warrant conversion.
- Issued at a premium of ₹320 per share.
- Total equity capital increases post-allotment.
- Shares rank pari passu with existing equity.
- Listing application for new shares is underway.
Price Impact
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