AKI India LimitedAKINSE
Convertible Warrants) (“Warrants”) issued at a price of Rs. 18.71/- each (including a premium of Rs. The…
As filed · Outcome of Board Meeting
CapitalWatchMajormateriality 76 out of 100
What happened
FactConvertible Warrants) (“Warrants”) issued at a price of Rs. 18.71/- each (including a premium of Rs. The Company had received consideration for 5th Tranche of 1,46,73,782 convertible warrants amounting. To Rs. 5,66,00,000.00/- (Rupees Five Crores and Sixty-Six Lakhs Only) from below allottees.
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; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%