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Telge Projects Approves Rs 13 Crore Promoter Warrant Issue At Rs 229 Each


28 September 2026
Telge Projects Ltd.

Board approved raising authorised capital to Rs15Cr from Rs10Cr and issue of 5,67,686 warrants at Rs229 (Rs13Cr) to 3 promoter-group members, convertible in 18 months; EGM 23 Oct 2026. First sizable promoter-funded raise since listing; prior equity trail was small ESOP noise. Promoter subscription signals confidence and funds scaling of AEC platform. Full conversion adds dilution; only 25% upfront, rest on conversion. Use of proceeds and pricing basis not disclosed; needs shareholder approval, no change in control per filing.


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