
Corporate Action2 Jul 2026, 04:40 pm
Veerhealth Care Approves Allotment of 1 Cr Warrants at ₹20.25 Each
AI Summary
Veerhealth Care Ltd's Preferential Issue Committee has approved the allotment of 1,00,00,000 Fully Convertible Warrants to 10 individuals, comprising both promoters and non-promoters. Each warrant carries the right to subscribe to one equity share at an issue price of ₹20.25 per warrant. The meeting was held on July 2, 2026, and concluded within an hour. This preferential allotment is a significant corporate action aimed at raising capital or strengthening the company's financial structure.
Key Highlights
- Approved allotment of 1 crore convertible warrants.
- Issue price set at ₹20.25 per warrant.
- Allottees include promoters and non-promoters.
- Warrants are convertible into equity shares.
- Meeting held on July 2, 2026.
Price Impact
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