CLN Energy allots 2.5 lakh equity shares to promoter at Rs 423
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
By the next day the stock moved 3.6 pts less than Nifty Microcap 250 and 3.3 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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CLN Energy allotted 2,50,000 equity shares to its promoter group entity CLN Energy PTE Limited on a preferential basis at Rs 423 per share (Rs 10 face value plus Rs 413 premium). Total subscription money received is about Rs 10.57 crore. The paid-up equity capital rises from Rs 10.55 crore to Rs 10.80 crore. The new shares will rank equally with existing equity shares.
Promoter entity infuses about Rs 10.57 crore, marginally increasing its stake. Signals promoter confidence; minor equity dilution for public shareholders.