Promoter Affle Holdings exercises warrants, pays USD 34.99 million
AFFLE · price
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Affle's promoter Affle Holdings Pte. Ltd. has remitted USD 34.99 million (about INR 3,325 million) to exercise convertible warrants into equity shares. This follows the June 18, 2026 allotment of 74 lakh warrants to the promoter. Total promoter investment so far stands at USD 64.49 million (about INR 6,115 million). Earlier 34,964 warrants were already converted into equity in August 2026. Shares from this exercise will be allotted later per applicable rules.
Strong promoter commitment. Capital infusion strengthens balance sheet and signals confidence in long-term growth prospects.