Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015…
As filed · Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for allotment of equity shares pursuant to conversion of Warrants.
What happened
FactRefex has approved the allotment of 75,75,000 equity shares to Refex Holding Private Limited, following the exercise of warrants by the promoter. This allotment increases the company's issued and paid-up equity share capital to Rs. 27,37,11,214, consisting of 13,68,55,607 equity shares. The newly allotted shares will rank pari-passu with existing equity shares.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
DelayedNew order will spill over to next financial year.
Q4 will have a good order book. I mean, we are winning many digital tender now during last four months.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
- And we are continuously capturing new geography so that we achieve more quantity of the work and also the busi (management committed by FY25)
- Definitely this coming financial year we'll do much better. (management committed by FY25)
Evidence
- Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for allotment of equity shares pursuant to conversion of Warrants.(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
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%