Asian Petroproducts Exports Approves 23.6 Crore Preferential Equity And Warrants

Board approved preferential issue at Rs 10 par: 96 lakh shares to promoters via loan conversion, 1 Cr warrants to promoters for cash, 40 lakh shares to public for cash. EGM on Nov 6, 2026 via VC to approve issues; relevant date Oct 7, 2026. Combines debt-to-equity conversion with fresh cash from promoters and public. Pricing at par implies large dilution; warrant terms, allottees, use of cash proceeds and shareholding impact not disclosed; subject to shareholder approval.