Anant Raj Limited — QIP/Rights/Pref., 16-12-2024: Allotment of Securities

Anant Raj Limited has allotted 13,69,863 Fully Convertible Warrants to the Promoter and Promoter Group, specifically to Shri Ashok Sarin Anant Raj LLP, at an issue price of ₹730 per Warrant. This preferential allotment raises ₹100 crore. The proceeds are intended to strengthen the company’s capital base, although specific projects or uses for these funds were not detailed in the announcement.