Manaksia Coated Metals & Industries Capital Structure Change
Manaksia Coated Metals & Industries Ltd approved the opening of its QIP issue and set a floor price of ₹ 127.01 per share.
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Manaksia Coated Metals & Industries Ltd approved the opening of its QIP issue and set a floor price of ₹ 127.01 per share.
Manaksia Coated Metals has forfeited Rs.3.25 Crore of application money following the lapse of 20,00,000 share warrants due to non-payment of the balance subscription amount.
Manaksia Coated Metals allotted 8,00,000 equity shares via warrant conversion. The Rs. 5.2 Crore preferential allotment increases the total paid-up share capital.
Manaksia Coated Metals converted 8,00,000 warrants into equity shares. This process involved a balance payment of ₹3.9 Crore.