Amba Auto Sales approves preferential issue of 1.6 crore warrants worth ₹161.6 crore
Amba Auto Sales and Services · Automobiles
Key highlights
- Board approved increase in authorized share capital to ₹35 crore and issuance of up to 1.6 crore fully convertible warrants at ₹101 each
- Warrants to be allotted to 105 investors including promoters and non-promoters, with upfront payment of 25% and conversion within 18 months
- Post-issue promoter shareholding to increase to 72.98%, public shareholding to be 27.02%; EGM scheduled on December 3, 2026 for shareholder approval
Why it's rated notable: not yet binding (letter of intent, proposal or subject to approvals)
Figures checked against the filing by a second AI read. About the business, not the share price.
Original filing
Outcome of Board Meeting
Read the filing on NSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Electrical Equipment
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Other fundraise / allotment filings this fortnight
- Max Estates Ltd approves subsidiary incorporation, reviews Q2 2026 monitoring reports
- Cubex Tubings Ltd announces ₹75 crore preferential issue of 50 lakh convertible warrants
- Raymond Realty Allots 66.57 Lakh Convertible Warrants to J K Investors on Nov 4, 2026
- Alstone Textiles allocates ₹300 crore 2% Non-Convertible Preference Shares
- Arvaya Healthcare Limited proposes Rights Issue of Equity Shares up to ₹210 Cr
- Pajson Agro India Ltd approves ESOS 2026 and plans acquisition via share swap
Potential multibaggers · Q2 FY27
Potential multibaggers in Automobiles
on management's own guidance
- Strong growth2
- Strong growth1
- M & MGood growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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.