Blue Water Logistics approves allotment of 10 lakh fully convertible warrants on Oct 13, 2026
Blue Water Logistics Ltd · Transport Services
What the filing says
- Board approved allotment of 10,00,000 fully convertible warrants at ₹410 each on preferential basis
- Warrants issued to Promoters/Promoter Group including Lalit Panda and Laxmi Narayan Mishra
- Warrants convertible into equal number of shares on payment of remaining 75% within 18 months
Why it's rated notable: Board approved allotment of 10,00,000 warrants at Rs. 410/- each to promoters and promoter group on receipt of 25% of issue price, a total of about ₹41 crore against the ₹612 crore market value, which is above the 5% fundraise threshold.
Figures checked against the filing by a second AI read. About the business, not the share price.
Original filing
Outcome of Board Meeting
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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.
