Supreme Engineering LimitedSUPREMEENGNSE
Receipt of In-Principle Approval from the Stock Exchanges for Preferential Issue
As filed · Supreme Engineering Limited Receipt of In-Principle Approval from the Stock Exchanges for Preferential Issue.
CapitalNotablemateriality 71 out of 100
What happened
FactReceipt of In-Principle Approval from the Stock Exchanges for Preferential Issue. one only) each, at a price of Rs. 2.60/- (Rupees Two and Sixty paise only) per share (including premium. of Rs. 1.60/- per share) aggregating up to Rs 73,05,22,000 /-(Rupees Seventy-Three Crore Five Lakh.
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; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%