Fundraise / allotmentFiled on BSE ·
Prostarm Info Systems allots 28.98 lakh convertible warrants to non-promoters
Prostarm Info Systems Ltd · Electrical Equipment
What the filing says
- Allotment of 28,98,717 convertible warrants at ₹147 each, totaling ₹42.61 crore on October 15, 2026
- Warrants issued on preferential private placement basis to 21 non-promoter investors as per Annexure A
- Company received 25% upfront payment of ₹10.65 crore; balance payable on conversion within 18 months
Original filing
Announcement under Regulation 30 (LODR)-Allotment
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More from Prostarm Info Systems Ltd
- Fundraise / allotmentProstarm Info Systems receives NSE in-principle approval for preferential issue
- Fundraise / allotmentProstarm Info Systems receives BSE approval for preferential issue of warrants
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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.