Rs. 67,99,52,350 divided into 6,79,95,235 equity shares of Rs. 10 each. warrantJ, each Warrant convertible…
As filed · Outcome of Board Meeting
CapitalWatchNotablemateriality 73 out of 100
What happened
FactRs. 67,99,52,350 divided into 6,79,95,235 equity shares of Rs. 10 each. warrantJ, each Warrant convertible into 1 Equity Share of face value of Rs. 10/- each fully paid up. ihe. (Formerly Known as MTNAVEER METALS LIMITED).
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
Watch next
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; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%