ROLLT : APPROVES RS 30 CR WARRANT ISSUE, TO ACQUIRE SATELITE FORGING

• Board approved 13.45 Cr convertible warrants at ₹2.23 each, aggregating up to ₹30 Cr, to promoter and non-promoter allottees on preferential basis; post issue on fully diluted basis, Amzen Financial Services 16.20%, Golden Axis and Sindeolia 2.95% each. • Company received 25% upfront, ₹7.50 Cr; balance 75% payable on exercise; each warrant converts into one equity share within 18 months. • To acquire Satelite Forging shares via SPA dated 26 October 2026 at ₹48.95 per equity share, payable in cash; target proposed to become wholly owned subsidiary on completion. • SPA covers 27,65,300 shares (16.32%) from Adritah Autoparts and 77,65,500 shares (45.82%) from Giriraj Advisors. • Satelite Forging makes forged and machined auto components for OEMs and railways; FY26 turnover ₹71.55 Cr (FY25 ₹66.60 Cr); completion expected within 12-18 months from SPA.

Rollatainers Ltd

Open attachment

← Back to feed