Flywings Simulator Training Centre approves preferential issue of 29,87,760 warrants
Flywings Simulator Training Centre · Other Consumer Services
Key highlights
- Board approved issue of up to 29,87,760 fully convertible warrants at Rs.245 each, aggregating up to Rs.73,20,01,200
- Proposed allottees include promoter Rupal Sanjay Mandavia and eight public investors, subject to shareholders' approval
- Issue is for cash consideration; EGM on Friday, November 27, 2026 to seek shareholder approval
Why it's rated notable: the amount is 24% of market value (20% to 50%)
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Outcome of Board Meeting
Read the filing on NSE (PDF) →Companies guiding to strong growth
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More from Flywings Simulator Training Centre
- Fundraise / allotmentNotableFlywings Simulator Training Centre seeks approval for 29,87,760 warrants at ₹245
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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.