L.T. Elevator allots 21 lakh shares and 5.3 lakh warrants on preferential basis

Board approved allotment of 21,00,078 equity shares at Rs 188 each (face value Rs 10, premium Rs 178) and 5,31,914 fully convertible warrants (25% paid upfront, balance within 18 months) to 13 non-promoter allottees on preferential basis. Bandhan Small Cap Fund received 10.80 lakh shares (5.08 percent post-issue holding). Paid-up equity capital increased to Rs 21.26 crore (2.12 crore shares of Rs 10). Combined dilution from shares and potential warrant conversion is about 12.5 percent.