17-Sept-2026 18:54:57
ONIDAIPO
ONIDA ELECTRONICS RAISED RS 6.5 CR FUNDS FROM QIB @ ₹35.20/SHARE
• Allotment of 73,86,362 warrants convertible into equity shares at ₹35.20 per warrant. • Total issue size aggregates to ₹25.99 Cr, with 25% subscription amount of ₹8.80 per warrant received. • Allotment made to Resonance Opportunities Fund (28,40,909 warrants), Nexta Enterprises LLP (42,61,363 warrants), and Aamara Capital Private Limited (2,84,090 warrants). • Warrants are convertible into equity shares at a face value of ₹1 each, with conversion rights exercisable within 18 months from allotment. Impact: Neutral (Preferential allotment of warrants; no immediate change in equity share capital)
Onida Electronics Limited
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