Fundraise / allotmentNotableFiled on BSE ·

Aequs board approves preferential issue of 28,071,690 warrants to Mellwood Trustee

Aequs Ltd · Aerospace & Defense

What the filing says

  • Preferential issue of up to 28,071,690 warrants at INR 231.55 per warrant, aggregating INR 6,499,999,819.50, subject to shareholder approval
  • Warrants convertible into equity shares on or before December 31, 2027; minimum INR 3,250,000,000 paid at subscription and allotment
  • Promoter and promoter group shareholding of 59.09% pre-allotment to rise to 60.73% on conversion of warrants; no change in control or management

Why it's rated notable: The INR 6,499,999,819.50 preferential warrant issue is above ₹500 crore and below 5% of the ₹17,226 crore market value, and it stays non-binding until shareholder approval at the EGM and other approvals are obtained.

Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.

Original filing

Announcement under Regulation 30 (LODR)-Preferential Issue

Read the filing on BSE (PDF) →

Companies guiding to strong growth

Ranked by management's own guidance on revenue and margins — not by us.

Waaree Energies Ltd

Electrical Equipment

Revenue growth 40%+Margin up 2%+

Sign up free to see all 6 →

See full rankings

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

More from Aequs Ltd

Other fundraise / allotment filings this fortnight

All fundraise / allotment filings →

Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.