Porwal Auto Components Capital Structure Change
Porwal Auto Components received trading approval for 17.54 lakh equity shares issued on a preferential basis at Rs. 57 per share.
- Value
- ₹10.00 Cr
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Porwal Auto Components received trading approval for 17.54 lakh equity shares issued on a preferential basis at Rs. 57 per share.
Porwal Auto Components received BSE listing approval for 17,54,384 equity shares issued at Rs. 57 per share to non-promoter investors.
Pramila Jain and promoter group acquired 3,94,735 warrants via preferential allotment. This represents 2.29% of Porwal Auto Components' fully diluted share capital.
Porwal Auto Components allotted 17,54,384 equity shares and 3,94,735 convertible warrants totaling ₹12.25 Crore. This preferential allotment increases the paid-up capital to ₹16.85 Crore.
Porwal Auto Components received BSE approval for preferential issue of 17.54 lakh shares and 3.95 lakh warrants. Total value is approximately ₹12.25 Crore.