De Neers Tools Capital Structure Change
De Neers Tools allotted 16,00,200 equity shares and 4,99,800 warrants at ₹196 per share on a preferential basis, raising funds for the company.
- Value
- ₹41.16 Cr
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De Neers Tools allotted 16,00,200 equity shares and 4,99,800 warrants at ₹196 per share on a preferential basis, raising funds for the company.
De Neers Tools Limited received in-principle approval from the NSE to issue 16,00,200 equity shares and 4,99,800 shares upon warrant conversion.
De Neers Tools Limited's board approved an increase in authorized share capital to facilitate future fundraising, subject to shareholder approval at the upcoming EGM.
De Neers Tools Limited board approved a preferential issue of 16,00,200 equity shares and 4,99,800 warrants at Rs. 196 per unit, raising capital.
De Neers Tools Limited has allotted equity shares via a preferential issue. This capital expansion increases the company's paid-up share capital to ₹9.62 Crore.
De Neers Tools has allotted 7.7 lakh equity shares at ₹154 per share upon warrant conversion, totaling approximately ₹11.86 Crore. This event modifies the company's paid-up capital.