SPML Infra Allots Shares, Warrants to Raise ₹57 Crore, NARCL Converts Loan

18 July 2026

SPML Infra Ltd.

SPML Infra allotted 6.94 lakh equity shares and 95.39 lakh warrants on a preferential basis, receiving ₹50.11 Cr upfront. NARCL converted ₹7.16 Cr of debt into equity, further reducing leverage.