ALMONDZBSEAlmondz Global Securities LtdHighNeutral
Announced Mon, 29 Jun · 16:56 IST

Allotment of 80 lakh convertible warrants at Rs 16.58 to public allottee

Fund Raising View source PDF

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₹12.76
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AI summary

Almondz Global Securities allotted 80,00,000 fully convertible warrants at Rs 16.58 per warrant on a preferential basis to Ms. Nandakumar Padma (Non-Promoter, Public Category). Each warrant converts to one equity share of Rs 1 face value. 25 percent issue price received upfront; balance 75 percent due within 18 months. No immediate change in paid-up capital, which rises only on conversion. Total potential raise about Rs 13.26 crore.

Likely market impact

Potential dilution on future conversion; adds about Rs 13.26 crore if fully converted. No immediate capital change.