SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Som Distilleries & Breweries informs about allotment of equity shares

22 Feb 2025 Evaluate
Som Distilleries & Breweries has informed that in furtherance to the intimation given by the Company on August 25, 2023 with respect to allotment of 51,50,000 (Post Split 1,28,75,000) warrants, each convertible into one equity share of face value of Rs. 5each (Post Split Rs.2each) (Warrants) at an issue price (Warrant Issue Price) of Rs. 275 each (Post Split Rs. 110 each) [including the warrant subscription price of Rs. 68.75 (Post Split Rs.27.50 each) and the warrant exercise price of Rs.206.25/- (Post Split Rs. 82.50/- each) on preferential basis to 4 allottees (warrant holders”), as per the list forming part of the said letter. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), upon receipt of an amount aggregating to Rs.17,65,63,200/- from Jagdish Kumar Arora, Promoter and Rs 2,37,50,100 from Deepak Arora, Promoter as ‘Warrant Exercise Price’ and duly signed application form from the below listed warrant holder as per the terms of issue of Warrants, the Fund Raising Committee of the Board of Directors of the Company on February 22, 2025, has considered and approved the allotment of 2428040 Equity Shares of Rs2 each, upon conversion of such number of Warrants, as per the details given in Annexure-I. 

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

SDBL-RE1 Share Price

38.29 0.00 (0.00%)
08-May-2023 18:02 View Price Chart
Peers
Company Name CMP
NGILPP 18.06
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:

×