Fundraise / allotmentFiled on BSE ·
Systematic Industries Ltd approves acquisition of Wire Brigade Industries Pvt Ltd
Systematic Industries Ltd · Industrial Products
What the filing says
- Acquires 10,000 equity shares (100%) of WBIPL from Veritas Industries Pvt Ltd at ₹21,500/share.
- Consideration includes issuance of 9,42,600 shares of Systematic at ₹228/share via preferential allotment and ₹0.86 crore in cash.
- Preferential issue involves up to 14,88,600 equity shares aggregating ₹33.94 crore to promoter and non-promoter allottees.
Original filing
Announcement under Regulation 30 (LODR)-Preferential Issue
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Waaree Energies
Electrical Equipment
Revenue growth 40%+Margin up 2%+
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from Systematic Industries Ltd
- Fundraise / allotmentSystematic Industries Limited completes preferential issue of 14.88 lakh shares at ₹228 each
- Fundraise / allotmentSystematic Industries Ltd proposes preferential issue of up to 14.89 lakh shares at ₹228 each
- Fundraise / allotmentSystematic Industries Ltd approves acquisition of Wire Brigade Industries Pvt Ltd
- Fundraise / allotmentSystematic Industries Limited acquires 100% stake in Wire Brigade Industries Pvt Ltd
- Fundraise / allotmentSystematic Industries Ltd acquires Wire Brigade, raises ₹33.94 crore via preferential issue
Other fundraise / allotment filings this fortnight
- Fundraise / allotmentProstarm InfoProstarm Info Systems receives NSE in-principle approval for preferential issue
- Fundraise / allotmentRaymondRaymond Limited shareholders approve preferential issue of securities on Oct 3, 2026
- Fundraise / allotmentRaymondRaymond Limited shareholders approve preferential issue of securities on Oct 3, 2026
- Fundraise / allotmentStandard Engineering TechnologyStandard Engineering Technology Ltd receives in-principle approval for preferential issue
- Fundraise / allotmentKabra Extrusion Technik LtdKabra Extrusiontechnik Limited allot 37.6 lakh equity shares via preferential issue
- Fundraise / allotmentFratelliVineyardFratelli Vineyards approves Rs. 30 crore rights issue and CFO change
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.