Allotment of 1496259 securities pursuant to Preferential Issue at its meeting held on Jun 25, 2026
As filed · Deccan Cements Limited has informed the Exchange regarding allotment of 1496259 securities pursuant to Preferential Issue at its meeting held on Jun 25, 2026
What happened
FactThe Board of Directors of Deccan Cements Limited, in a meeting held on 25th June 2026, approved the allotment of 14,40,559 unlisted, unrated, unsecured compulsorily convertible debentures (CCDs) and 15,000 unlisted, unrated, secured, senior, redeemable, non-convertible debentures (Series A Debentures), along with 40,700 unlisted, unrated, secured, junior, redeemable, non-convertible debentures (Series B Debentures). The total value of the CCDs is INR 102,99,99,685, while…
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%