Board approves revised preferential issue terms to promoter at 178 rupees
NATCAPSUQ · price
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Natural Capsules board revised price and quantity of its preferential issue to promoter Sunil L. Mundra. It covers 1,12,500 equity shares at 178 rupees and 4,50,000 convertible warrants at 178 rupees, aggregating about 10 crores rupees. Promoter stake will rise from 5.79 percent to 10.61 percent post full conversion. 25 percent upfront for warrants, balance on conversion within 18 months. EGM on September 9, 2026.
Promoter stake rises from 5.79 to 10.61 percent, signaling confidence. Causes dilution for existing shareholders. Watch EGM outcome on September 9.