17-Sept-2026 17:47:27
SAMBHVIPO
SAMBHV STEEL TUBES RAISED RS 100 CR FUNDS FROM QIB @ ₹115/SHARE
• Company proposes to issue 8,695,400 fully convertible equity warrants at an issue price of ₹115/- per warrant. • Face value of warrants ₹10/-, premium of ₹105/-. • Clarification on SEBI ICDR Reg 166A: Not applicable as allotment does not result in change of control and does not exceed 5% of post-issue diluted share capital. • Clarification on VWAP: Actual 90-day VWAP is ₹112.18 (rounded to ₹112); actual 10-day VWAP is ₹114.33 (rounded to ₹114). • Issue price of ₹115/- per warrant remains unchanged. Impact: Neutral (Preferential issue of warrants with clarifications on regulations and pricing)
Sambhv Steel Tubes Limited
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