Aequs Board Approves Rs 650 Crore Equity Infusion via Warrants by Promoter Group
AEQUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 7.6 pts more than Nifty Microcap 250 and 8.0 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Aequs board approved up to 2.80 crore warrants to its Promoter Group, totalling Rs 650 crore at Rs 231.55 per warrant (SEBI floor price). 50% (Rs 325 crore) upfront; balance on exercise by December 31, 2027, with Promoter committed to pay regardless of share price. On conversion, Promoter holding rises from 59.09% to 60.73%. Proceeds fund aerospace and consumer capacity expansion, Hosur facility, subsidiaries, JVs, and support term borrowings. EGM on October 22, 2026.
Positive signal of promoter confidence and committed capital for expansion; modest dilution for public shareholders as new shares are issued.