Manbro Industries Allots 4.35 Cr Equity Shares on Warrant Conversion

Manbro Industries Ltd has allotted 4,35,00,000 equity shares with a face value of ₹1 each at an issue price of ₹6.50 per share, including a premium of ₹5.50, upon the conversion of 43,50,000 warrants. This follows the sub-division of equity shares from ₹10 to ₹1 each. The allotment, approved on May 30, 2026, increases the company's paid-up equity share capital from ₹5,80,10,500 to ₹10,15,10,500. The shares were allotted to both Promoter and Non-Promoter categories, with balance amount aggregating to ₹21,20,62,500 received at the rate of ₹48.75 per warrant.