StockWatch
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Non Banking Financial Company (NBFC)
Corporate Action15 Oct 2026, 04:40 pm

Unifinz Capital Approves Warrants Issue Worth ₹99.97 Cr

AI Summary

Unifinz Capital India Ltd's board has approved a Preferential Issue of up to 98,01,000 warrants, convertible into equity shares, to non-promoter investors. The issue price is ₹102 per warrant, aggregating up to ₹99,97,02,000 (₹99.97 Crore). This is subject to shareholder approval at an Extraordinary General Meeting (EGM) scheduled for November 11, 2026. The company has fixed November 4, 2026, as the record date for remote e-voting. M/s. Akash & Co. has been appointed as the scrutinizer.

Key Highlights

  • Board approves preferential issue of 98.01 lakh warrants.
  • Total issue size aggregates to ₹99.97 Crore.
  • Warrants convertible into equity shares at ₹102 each.
  • EGM scheduled for November 11, 2026, for shareholder approval.
  • November 4, 2026, fixed as record date for e-voting.