ALFA Filings
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Ganesh Infraworld Limited received NSE listing approval for 10,49,600 equity shares issued upon the conversion of warrants on a preferential basis.
Ganesh Infraworld Limited has allotted 10,49,600 equity shares following the conversion of warrants into equity shares. This issuance increases the company's total paid-up share capital.
Ganesh Infraworld Ltd. allotted 10,49,600 equity shares following the conversion of warrants. The company received Rs. 7.08 Crore as the balance 75% consideration for this conversion.
Ganesh Infraworld allotted 52,32,800 convertible warrants at Rs.90 each to 12 investors. The preferential issue raises approximately Rs.47.1 Crore upon full conversion.
Ganesh Infraworld allotted 52,32,800 convertible warrants worth Rs 47.10 Crore to non-promoters. The company received 25% subscription money, with conversion exercisable within 18 months.
Ganesh Infraworld received NSE in-principle approval for share issuance via warrant conversion. This capital structure move requires further compliance before allotment.