Encompass Design India Allots 10.10 Lakh Shares At Rs 250 Closes Issue

Board allotted 10,10,000 shares at Rs250 (Rs25.25Cr) as 2nd & final tranche of 38.10L preferential; total allotted 17,70,000, balance 20,40,000 lapsed for non-receipt. Promoter/KMP take-up completed in this tranche; only 17.7L of 38.1L placed with 20.4L lapsed. Fifth equity event in two years; back-to-back raises signal funding pressure. Leaves 17.7L placed vs 38.1L planned, tightening WC cover; listing/trading approval and lock-in pending, end-use not disclosed.