Allotment of 17,58,592 equity shares to persons belonging to the public category on preferential basis.
Price
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Thrive Future Habitats Ltd (formerly Ador Multiproducts Ltd) has allotted 17,58,592 equity shares to public category investors on a preferential basis at Rs. 125.10 per share (face value Rs. 10), raising approximately Rs. 22 crore. The allotment was approved by the Board on March 31, 2026, following shareholder approval at an EGM on February 17, 2026, and BSE in-principle approval received on March 17, 2026. As a result, the company's paid-up equity capital has increased from Rs. 9.56 crore (95,60,989 shares) to Rs. 11.32 crore (1,13,19,581 shares). The company will now apply for listing and trading approval of the newly allotted shares. No specific use of proceeds has been disclosed in this filing.
This preferential allotment dilutes existing shareholders by roughly 18% (17.58 lakh new shares on a base of ~95.6 lakh shares) and brings in about Rs. 22 crore of fresh capital. The share price reaction will depend on what the company plans to do with the funds and whether the issue price reflects fair market value.