IIRM Holdings raises about INR 150 cr via preferential issue from Carpediem
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board approved Investment Agreement with Carpediem Capital Partners Fund II and 13 other investors for a preferential issue of up to 15.7 lakh equity shares at INR 143.28 each (about INR 22.5 cr) and up to 88.99 lakh fully convertible warrants at INR 143.28 each (about INR 127.5 cr), totaling about INR 150 cr. No change in management or control. Investor gets board seat, observer seat, and veto rights on reserved matters. Also appointed two additional directors; AGM on Aug 27, 2026.
Preferential issue to Carpediem Capital brings about INR 150 cr but dilutes existing shareholders and grants investor protective rights including a board seat.