Ajmera Realty & Infra India Limited — QIP/Rights/Pref., 25-11-2024: Allotment of Securities

Ajmera Realty & Infra India Limited has approved the allotment of 31,64,557 equity shares via a preferential issue, priced at Rs. 711 per share (Rs. 10 face value and Rs. 701 premium), raising approximately Rs. 225 crore. This issuance increases the company's paid-up capital from Rs. 36.19 crore to Rs. 39.36 crore. Key participants include Authum Investment & Infrastructure Ltd. and Mr. Mukul Mahavir Agrawal, among others. Post-allotment, these new shares constitute about 8.07% of the total equity, enhancing the liquidity and capital structure of the company.