Granules India Limited allotted 2,49,82,906 equity shares to Promoter Group
Granules India · Pharmaceuticals & Biotechnology
What the filing says
- 2,49,82,906 fully paid-up equity shares of Re. 1/- each allotted on warrant conversion at Rs. 585/- per share; total consideration Rs. 1,461.50 Crores.
- Allottees are four Promoter Group investors: Ms. Chigurupati Uma Devi, Ms. Chigurupati Priyanka, Ms. Pragnya Chigurupati, Mr. Harsha Chigurupati.
- Paid-up capital rose from Rs.24,77,96,921 to Rs.27,27,79,827 (diluted Rs.27,27,96,921); 17,094 non-promoter warrants remain outstanding.
Why it's rated notable: amount is ₹500 crore or more
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)-Allotment
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More from Granules India
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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.