30-Oct-2026 17:33:59
SAMMAANCAPGeneral news
SAMMAAN CAPITAL : PROMOTER CONVERTS TRANCHE I WARRANTS WORTH OVER RS 905 CR
• Allotment of 8,68,92,966 fully paid-up equity shares at ₹139 per share to promoter Avenir Investment RSC Ltd • Balance consideration of ~₹905.86 Cr received, being the remaining 75% of the warrant subscription amount • Promoter shareholding rises from 28.34% to 33.32% post allotment • 21,97,97,569 remaining warrants outstanding, exercisable on or before September 30, 2027 • Full conversion of remaining warrants would take promoter stake to 43.28%
Sammaan Capital Limited
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