Investment2 Mar 2026, 07:41 pm
Vani Commercials Ltd Allots 17666663 Shares on Preferential Basis to Non-Promoters
AI Summary
Vani Commercials Ltd has allotted 17666663 shares to non-promoters/public category on a preferential basis. The allotment was made at an issue price of Rs. 12/- per share, upon receipt of an amount of Rs. 8,42,99,964/- in cash and upon conversion of loan aggregating to Rs. 12,76,99,992/- from the allottees. This allotment has increased the issued and paid-up capital of the Company to Rs. 29,40,72,830/-. The equity shares so allotted shall rank pari-passu with the existing equity shares of the Company.
Key Highlights
- Vani Commercials Ltd has allotted 17666663 shares to non-promoters/public category on a preferential basis.
- The allotment was made at an issue price of Rs. 12/- per share.
- An amount of Rs. 8,42,99,964/- was received in cash and Rs. 12,76,99,992/- was received upon conversion of loan from the allottees.
- This allotment has increased the issued and paid-up capital of the Company to Rs. 29,40,72,830/-.
- The equity shares so allotted shall rank pari-passu with the existing equity shares of the Company.