Fundraise / allotmentFiled on NSE ·
Patil Automation Ltd proposes preferential allotment and IPO proceeds reallocation
Patil Automation Ltd · Industrial Manufacturing
What the filing says
- Board approved preferential issue of up to ₹96.38 crore via 18.24 lakh warrants and 20.94 lakh equity shares to promoters and non-promoters on September 09, 2026
- Re-allocated unutilized IPO proceeds of ₹9.16 crore from capital expenditure to working capital, total IPO proceeds ₹69.61 crore, with ₹66.57 crore net proceeds utilized till date
- Approved granting loans/guarantees/securities up to ₹10 crore to subsidiary PAL Green Energy Private Limited with interest not below government securities yield
Original filing
Shareholders meeting
Read the filing on NSE (PDF) →Companies guiding to strong growth
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More from Patil Automation Ltd
- Board / shareholder meeting outcomePatil Automation Limited issues corrigendum to EGM notice revising allotment details
- Fundraise / allotmentPatil Automation Board Approves ₹96.38 Crore Preferential Fund Raise
- Fundraise / allotmentPatil Automation Ltd approves preferential issue of warrants and equity shares
- Fundraise / allotmentPatil Automation Ltd approves preferential issue and IPO proceeds variation
Other fundraise / allotment filings this fortnight
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- Fundraise / allotmentBharat Parenterals LtdBharat Parenterals Limited approves preferential allotment of 9.13 lakh equity shares
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- Fundraise / allotmentAurum Proptech LtdAurum PropTech Limited allots 1.98 crore shares to REA India on preferential basis
- Fundraise / allotmentRepco Home FinRepco Home Finance approved raising ₹1500 Cr NCDs and ₹1000 Cr Commercial Paper
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.
