ARVIND PORT AND INFRA LIMITED — QIP/Rights/Pref., 21-10-2024: Allotment of Securities

Arvind & Company Shipping Agencies Limited announced the allotment of 4,927,500 equity shares at ₹69 each, raising ₹33.99 crore, following shareholder approval. This increases the paid-up equity capital to ₹17.06 crore. Additionally, 3,975,000 warrants were approved for conversion into equity shares at the same price, available to promoters and non-promoters, with a 25% initial payment and the remainder due within 18 months. All shares rank equally with existing ones.