SPML Infra Limited has informed the Exchange regarding allotment of 4244844 securities pursuant to Preferential Issue at its meeting held on April 22, 2026

Warrants ConvertedFund Raising View source PDF

SPMLINFRA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+4.2%1-day move

₹212.99

prior close

₹215.61

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.3-0.5+0.3-0.6+4.2+0.1+2.7-0.5-1.4+1.5-6.4-2.8-0.5-5.4

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AI summary

SPML Infra Limited's Board has allotted 42,44,844 equity shares of Rs 2 face value each at Rs 215 per share (including Rs 213 premium) upon conversion of equal number of warrants. The total fundraising amounts to approximately Rs 91.26 crore. Allotments were made to both promoter group entities (Niral Enterprises, SPML India) and public shareholders including known investor Rekha Jhunjhunwala (5,625 shares). The warrants have been exercised under a preferential issue framework compliant with SEBI ICDR regulations.

Likely market impact

This is a dilution event as warrants converted to fresh equity shares, increasing the company's share capital by 42,44,844 shares. The price of Rs 215 per share represents significant premium to face value, suggesting confidence from existing warrant holders including promoters and public investors.