SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Panyam Cements & Mineral Industries has informed that the members of the Company at the Extra-ordinary General Meeting held on January 25, 2016 has considered and passed a resolution pursuant to the provisions of Section 62(1)(c) read with Section 42 of the Companies Act, 2013 and other applicable provisions of the Companies (Share Capital and Debenture Rules 2014) for allotment of 8,43,060 convertible warrants on preferential basis at a price of Rs 84.61 per warrant.  Accordingly, the Board of Directors of the Company at their meeting held on March 17, 2016 have considered and allotted the said 843,060 warrants to the warrant holders on payment of 25% of the consideration amount. The said warrants can be exercised at any time within a period of 18 months from the date of issue of such warrants. Further the Company has informed that, the warrant holders have expressed their intention to exercise their option for conversion of the said warrants into Equity Shares by remitting the requisite subscription amount. In view of the above, a meeting of the Board of Directors of the Company is being proposed to be convened on March 01, 2017 to consider the conversion of the said 843,060 convertible warrants and issue and allot 843,060 Equity Shares of Rs 10 each of the Company.

The above information is a part of company’s filings submitted to BSE.

Panyam Cement&Minera Share Price

109.10 0.00 (0.00%)
13-Apr-2026 12:51 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11494.55
Ambuja Cement 442.95
ACC 1395.80
Shree Cement 24364.30
Dalmia Bharat 1953.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×