Fundraise / allotmentFiled on NSE ·

SJL announces preferential issue of equity shares and warrants to raise ₹92.58 crore

S J Logistics (India) · Transport Services

Arthneeti Research DeskPublished 1 min read
₹92.6 CrFundraise / allotment

Key highlights

  • SJL proposes preferential issue of 13 lakh equity shares at ₹326 each to non-promoter allottees for ₹42.38 crore
  • Proposes preferential issue of 15.4 lakh warrants convertible into equity shares at ₹326 each, totaling ₹50.20 crore
  • Promoter group to subscribe 11.4 lakh warrants worth ₹37.16 crore; utilisation for working capital and corporate purposes

Original filing

Shareholders meeting

Read the filing on NSE (PDF) →

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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.