Disclosure for Allotment of Equity Shares under Preferential Issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board of Achyut Healthcare Ltd approved the allotment of 58,00,000 equity shares of face value Re.1 each at a premium of Rs.5, making the issue price Rs.6 per share. Total consideration raised is Rs.3.48 crore on a preferential basis to promoter and non-promoter groups. Allottees include promoter entities (Akshit Mahendra Raycha, Mahendra C. Raycha HUF, Ray Remedies Pvt Ltd, Zenith Lifecare Pvt Ltd) and non-promoters (Dhavalkumar Ruparelia, Mayankbhai Ruparelia, and Strikar Lifescience LLP). Post-allotment, the company's paid-up equity capital rises from 23,55,57,000 shares to 24,13,57,000 shares, representing a dilution of roughly 2.46%. The new shares will rank pari passu with existing shares for dividends and voting.
The preferential allotment raises a relatively small amount (Rs.3.48 crore) with modest dilution of about 2.5%. Promoter group participation signals insider commitment, while the entry of new non-promoter allottees brings fresh capital. Existing shareholders may see a marginal per-share value impact, but the scale of the raise is limited.