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Anupam Rasayan India informs about allotment of warrants

23 Jan 2024 Evaluate

Anupam Rasayan India has informed that the Board of Directors of Company in its meeting held today January 23, 2024, has approved the allotment of 39,14,886 Warrants convertible into 1 equity share of face value of ?10 each at a price of ? 945.11 per warrant, to the below allottees under non-promoter category on preferential allotment basis: (i) 5,29,038 Warrants to Lata Manek Bhanshali, an individual; (ii) 16,92,924 Warrants to Zeal Global Opportunities Fund, a category-1 foreign portfolio investor; and (iii)16,92,924 Warrants to Zinnia Global Fund PCC - Cell Dewcap, a category-1 foreign portfolio investor. Post the above allotment, the equity share capital of the Company shall stand increased to ?1,13,63,79,000 comprising of 11,36,37,900 Equity Shares of ?10 each, on fully diluted basis (calculated on the basis of equity shares capital as on date, assuming full conversion of Warrants). Post conversion of the Warrants into equal number of Equity Shares of the Company (which shall rank with the then existing fully paid-up Equity Shares), the above mentioned allotees will collectively hold 39,14,886 Equity Shares of the Company. The Board meeting commenced at 9:05 am IST and concluded at 9:20 am IST. This intimation is also being hosted on the Company's website at www.anupamrasayan.com.

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

Anupam Rasayan India Share Price

1289.10 21.10 (1.66%)
17-Apr-2026 16:59 View Price Chart
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