Pakka Ltd Allots 27.2 Lakh Shares, 77 Lakh Warrants

Pakka Limited's Fund Raising Committee approved the allotment of 27,20,000 equity shares at INR 110 each on a preferential basis to non-promoters, raising INR 29.92 crore. Additionally, 77,00,000 Fully Convertible Warrants were allotted to the promoters' group at INR 110 each, with 25% upfront payment received (INR 21.175 crore). These warrants are convertible into equity shares within 18 months. The allotments follow EGM approval and stock exchange in-principal approvals. The company's paid-up capital increased post-equity share allotment.