ALFA Filings
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Wheels India Limited closed its QIP, allocating 11,97,318 equity shares at Rs. 2088 per share. This placement raises Rs. 249.99 Crore in capital.
Promoter TSF Investments acquired 10,26,694 Wheels India shares via preferential allotment. Promoter stake increased from 25.01% to 27.81%.
Wheels India Limited allotted 12,32,031 equity shares at Rs. 1461 per share via a preferential issue, raising Rs. 179.9997 Crore.
Wheels India revised its preferential issue price to ₹1,461 per share. The company updated the share allocations for allottees, maintaining a total consideration of ₹180 crore.
Wheels India Limited's board approved a preferential issue of 1,269,391 equity shares at Rs. 1418 per share. The issue aims to raise Rs. 180 Crore.