Board approves preferential issue of 6.94 lakh shares at Rs 415 each
AKIKO · price
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Akiko Global Services board approved a preferential issue of up to 6,94,400 equity shares at Rs 415 each (including premium of Rs 405) to 35 non-promoter investors, raising up to Rs 28.82 crore. Post-issue, promoter holding will dilute from 67.29% to 61.60%, while public holding rises to 38.40%. An EGM is scheduled for November 17, 2026 to seek shareholder approval. The company also plans to expand into digital payments, UPI services, and digital marketing.
Dilution for shareholders as promoter stake drops about 5.7 points. Fresh capital of about Rs 28.8 crore for payment and digital marketing expansion.