Announced Mon, 20 Jul · 19:08 IST
Fabtech Cleanrooms to issue convertible warrants worth INR 15 cr to promoters
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹381.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.3+1.3-1.3-2.8——————
Up moveDown movePending
AI summary
Fabtech Cleanrooms board approved issuing up to 3,80,711 convertible warrants to promoters and promoter group at INR 394 per warrant, aggregating up to INR 15 crore. Allottees are Amer Aasif Khan, Hemant Anavkar, Manisha Anavkar, and Aarif Ahsan Khan. Holders pay 25 percent upfront (INR 98.50 per warrant), balance within 18 months or warrants lapse. EGM scheduled for August 17, 2026. Also appointed Ms. Jai Vaidya as Company Secretary.
Likely market impact
Promoters committing more capital signals confidence, but warrant conversion will dilute existing shareholders equity over time.