Manoj Ceramic Ltd — Others, 28-04-2025: Corp Action
28-04-2025 | 04:08 pm
28-04-2025 | 04:08 pm
Manoj Ceramic Ltd has announced a board meeting focusing on the allotment of 10,00,000 equity shares following the conversion of warrants. The shares, with a face value of ₹10 each, were issued at an issue price of ₹161, which includes a premium of ₹151. This issuance brings the total paid-up equity capital to ₹14.90 crore, comprising 1.49 crore fully paid shares. All warrants have now been converted, enhancing liquidity and possibly signaling increased investor confidence in the company's growth strategy. The move could positively influence investor sentiment, reflecting a solid commitment to maintaining capital structure and future expansion.
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