07-Sept-2026 18:24:18
BALPHARMAGeneral news
BAL PHARMA LIMITED RAISED RS 8.40 CR FUNDS FROM PROMOTER ON PREFERENTIAL BASIS
• Allotment of 10,00,000 warrants on preferential basis to Mr. Shailesh Siroya, Promoter of the Company • Total issue price of ₹84/- per warrant, aggregating to ₹8,40,00,000/- (₹8.40 Cr) • Each warrant is convertible into one equity share of face value ₹10 at a premium of ₹74 • Post-allotment shareholding of Mr. Shailesh Siroya is 20.89% • Warrants are subject to lock-in and convertible within 18 months from allotment date i.e. September 7, 2026
Bal Pharma Limited
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