Allotment of 25,00,00,000 equity shares upon conversion of 25,00,00,000 warrants allotted on preferential…
As filed · Allotment of 25,00,00,000 equity shares upon conversion of 25,00,00,000 warrants allotted on preferential basis
CapitalNotablemateriality 74 out of 100
What happened
FactAllotment of 25,00,00,000 equity shares upon conversion of 25,00,00,000 warrants allotted on preferential basis. conversion of 25,00,00,000 warrants allotted on preferential basis. Terminals Limited and Jamnagar Utilities & Power Private Limited upon conversion of warrants.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
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Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
Evidence
How CapitSignal classified this
- Reasoning:
- PREFERENTIAL_ALLOTMENT base 66; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%