Norben Tea & Exports LimitedNORBTEAEXPNSE
10/- each issued at Rs. 17/- per equity shares (at a premium of Rs. 7/- per equity shares) allotted. pursuant…
As filed · General Updates
CapitalWatchMajormateriality 75 out of 100
What happened
Fact10/- each issued at Rs. 17/- per equity shares (at a premium of Rs. 7/- per equity shares) allotted. pursuant to conversion of warrants on a preferential basis are approved by both the Stock Exchanges.
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; +4 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%