Board allotted 26,42,400 convertible warrants at Rs 104 per warrant on a preferential basis to promoters and non-promoter investors. Each warrant converts into one equity share and is exercisable within 18 months; 25% of the issue price was received upfront. The allotment completes the previously approved warrant fundraise and represents a new equity-linked capital raise for the company, breaking its prior no-dilution pattern. The issue was fully subscribed across 33 investors. Potential conversion would add 26,42,400 equity shares, creating dilution; the filing does not disclose the intended use of funds, conversion timing or the ultimate ownership impact.
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