StockWatch
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Other Electrical Equipment
Investment7 Aug 2026, 02:29 pm

Yash Highvoltage Allots 12.6 Lakh Shares, 8.3 Lakh Warrants at ₹721

AI Summary

Yash Highvoltage Ltd announced the allotment of 12,62,131 equity shares and 8,32,177 equity warrants on a preferential basis. The issue price for both shares and warrants is ₹721 per unit, with a face value of ₹5 each. The equity shares include a premium of ₹716 per share. The equity warrants are convertible into one equity share within 18 months upon payment of the balance consideration. This preferential issue is to identified non-promoter category allottees and has received necessary approvals, including from the BSE. The total funds raised aggregate to approximately ₹150.99 crore.

Key Highlights

  • Allotment of 12,62,131 equity shares and 8,32,177 equity warrants.
  • Issue price fixed at ₹721 per share and warrant.
  • Funds raised via preferential allotment to non-promoters.
  • Warrants convertible into equity within 18 months.
  • Total issue size approximately ₹150.99 crore.