Allotment of 3,98,400 Equity Shares at an issue price of Rs 75 per equity share on preferential basis
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Naturewings Holidays Ltd has allotted 3,98,400 equity shares at Rs 75 per share on a preferential basis, raising approximately Rs 2.99 crore. The shares have a face value of Rs 10, meaning they were issued at a premium of Rs 65 per share. All 10 allottees are non-promoter individuals, including names like Sridhar Subasri Jayaraman, Vineet Arora, and Cyrus Rohinton Shroff. The allotment was approved by shareholders at the EGM held on August 25, 2025, and received BSE in-principle approval on December 22, 2025. The company is listed on the BSE SME platform under scrip code 544245. The company will now apply for listing and trading approval for the newly allotted shares.
Existing shareholders will see a modest dilution in their holdings due to the issuance of new shares. The Rs 2.99 crore fresh capital infusion could strengthen the company's balance sheet, though the small size suggests limited immediate impact on stock price. The fact that all shares went to non-promoter individuals (rather than promoters or institutional investors) may be viewed as neutral by the market.