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Niraj Cement Structurals informs about outcome of board meeting

07 Mar 2025 Evaluate
Niraj Cement Structurals has informed that the Board of Directors of Niraj Cement Structurals (the Company) by way of circular resolution passed today i.e. Friday, March 07, 2025, has duly approved the allotment of equity shares on conversion of 33,00,000 (Thirty Three Lakhs) warrants into 33,00,000 (Thirty Three Lakhs) equity shares at an issue price of Rs 53 per share (including a premium of Rs 43) each, to person belonging to the Non-Promoters, on preferential basis, upon receipt of amount aggregating to Rs 13,11,75,000 (Thirteen Crores Eleven Lakhs Seventy Five Thousand only) (being 75% of the issue price per warrant) from the allottee pursuant to the exercise of their rights of conversion into equity shares in accordance with the provisions of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

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

Niraj Cement Struct. Share Price

29.27 0.88 (3.10%)
15-Apr-2026 16:59 View Price Chart
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