Ice Make Refrigeration Ltd approves preferential equity share allotment and JV investment
ICE Make Refrigeration Ltd · Industrial Manufacturing
What the filing says
- On September 10, 2026, the Board approved allotment of 23,67,573 equity shares at INR 802.51 each to non-promoter investors on a preferential private placement basis.
- The Company will subscribe 3,52,70,000 equity shares of Ice Make Horeca Private Limited for INR 35,27,00,000, stated as 40% shareholding in the JV Company, with Galilei Holdings holding 60%.
- The JV Company was incorporated on August 5, 2026, has not commenced material commercial operations, and completion is subject to conditions precedent in the JV Agreement.
Why it's rated notable: no figure in the filing to size it as major
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
General Updates
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Other fundraise / allotment filings this fortnight
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- Raymond Realty Limited receives in-principle approval for preferential issue of shares
- OnEMI Technology Solutions allots 2,64,93,882 equity shares via preferential issue
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- Capital Infra Trust submits post-Institutional Placement unit holding pattern
- Capital Infra Trust raises ₹1,115 crore via QIP for acquiring six HAM road assets
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.