Modification to Postal Ballot Corrigendum Annexure B for Warrant Issue
PELATRO · price
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Pelatro Limited modified Annexure B of its Postal Ballot Notice corrigendum, updating post-preferential shareholding of 9 allottees based on fully diluted paid-up capital. The preferential issue involves 6,85,000 warrants to promoters and public allottees, taking total shares to 54,27,890 on a fully diluted basis. Promoters Varun Menon and Kiran Menon will each hold 19.31 percent post-issue, down from 20.16 and 20.54 percent after including ESOPs in the calculation.
Promoter stakes diluted marginally due to ESOP inclusion in the calculation. Actual warrant allotment numbers remain unchanged.