Swastika Investmart Capital Structure Change
Swastika Investmart received BSE in-principle approval for issuing 90.5 lakh warrants. These convert into equity shares at a minimum price of ₹63.64 per warrant.
- Value
- ₹57.59 Cr
ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
4 announcements with these filters
Swastika Investmart received BSE in-principle approval for issuing 90.5 lakh warrants. These convert into equity shares at a minimum price of ₹63.64 per warrant.
Swastika Investmart Ltd will issue 9.05 million convertible warrants at ₹63.64 each, raising approximately ₹57.59 Crore via preferential allotment. This issuance was approved at the company's recent EGM.
Swastika Investmart is issuing up to 90.50 lakh convertible warrants via preferential allotment, aggregating to ₹57.59 Crore. This capital infusion will strengthen the company's financial structure.
Yogita Gandhi acquired a 7.46% stake in Swastika Investmart Limited via the open market. This substantial non-promoter acquisition was disclosed under SEBI SAST Regulations.