Afcom Holdings Ltd

AFCOM HOLDINGS LIMITED's Board of Directors met on May 28, 2026, and approved the audited financial statements for the financial year ended March 31, 2026. The company also submitted the Independent Auditors' Report on limited review, issued by M/s. P P N and Company, Chartered Accountants. The Statutory Auditors have issued an Unmodified (Unqualified) Opinion on the financial results, as declared by the company in compliance with Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015. The financial results include the Statement of Assets and Liabilities, Profit and Loss Statement, and Cashflow Statement for the period.

AFCOM HOLDINGS LIMITED's Board of Directors met on May 28, 2026, and approved the audited financial statements for the financial year ended March 31, 2026. The company also submitted the Independent Auditors' Report on limited review, issued by M/s. P P N and Company, Chartered Accountants. The auditors have provided an Unmodified (Unqualified) Opinion on the financial results. This marks the company's first financial results prepared in accordance with Indian Accounting Standards (Ind AS).

Afcom Holdings Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026. The trading window for dealing in the company's securities will remain closed until 48 hours after the declaration of the results.

Afcom Holdings Ltd has filed a Monitoring Agency Report for the quarter ended March 31, 2026, as per SEBI regulations. The report, issued by Brickwork Ratings India Private Limited, pertains to the utilization of proceeds from a preferential allotment of Equity Shares and Convertible Warrants aggregating to ₹207.19 Crore. The report indicates no deviations from the stated objectives of the issue.

Afcom Holdings Limited, an air cargo and logistics company, successfully raised ₹199.85 crore through a Qualified Institutions Placement (QIP) on May 05, 2026. The QIP involved allotting 26,30,520 equity shares at ₹759.72 per share, a 4.99% discount to the floor price. The funds will support fleet expansion through aircraft leasing. The issue attracted strong participation from diverse institutional investors, including Abakkus Emerging Opportunities Fund-1 and Bandhan Small Cap Fund. GYR Capital Advisors Private Limited acted as the sole Book Running Lead Manager.

Afcom Holdings Ltd's board approved the issue and allotment of 26,30,520 equity shares to Qualified Institutional Buyers (QIBs) at ₹759.72 per share, totaling ₹199.84 Crores. The issue opened and closed on May 05, 2026. The filing includes a list of allottees who received more than 5% of the offered equity shares, such as Abakkus Emerging Opportunities Fund-1 and Bandhan Small Cap Fund.

Afcom Holdings Ltd's board approved the allotment of 26,30,520 equity shares at ₹759.72 per share (including a premium of ₹749.72) to qualified institutional buyers, raising ₹199.84 Crores. The issue opened and closed on May 5, 2026, under SEBI ICDR Regulations.

Afcom Holdings Ltd's board approved the closure of its issue period on May 05, 2026, following the receipt of applications for 26,30,520 equity shares from Qualified Institutional Buyers (QIBs). The board determined and approved the allocation of these shares to eligible QIBs at an issue price of ₹759.72 per share, including a premium of ₹749.72 per share. This price represents a 4.99% discount to the floor price of ₹799.62 per share. The board also approved the Placement Document and finalized the allocation confirmation note to be sent to the QIBs.

Afcom Holdings Ltd's board approved and adopted the preliminary placement document dated May 04, 2026, and authorized the opening of the issue on the same date. The board also approved the floor price of ₹799.62 for the issue under SEBI ICDR Regulations. The 'relevant date' for the issue is May 4, 2026, and a discount of not more than 5% on the floor price may be offered. The trading window remains closed for designated persons until 48 hours after the determination of the issue price.

Afcom Holdings Ltd has announced the closure of its trading window for Designated Persons, Connected Persons, and their immediate relatives from April 01, 2026 till 48 hours from the declaration of the audited financial results for the period ended March 31, 2026. This move is in compliance with Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and the company’s Code of Conduct.