Arihant Superstructures Limited — QIP/Rights/Pref., 14-06-2025: Conversion

Arihant Superstructures has announced a board meeting to approve the allotment of 20.9 lakh equity shares upon conversion of warrants at Rs. 180.07 each, raising Rs. 28.23 Cr. The equity base has grown from 4.12 Cr to 4.32 Cr shares. Three non-promoter investors, including Monarch Comtrade Pvt Ltd (20 lakh shares), converted their warrants. This capital infusion boosts the company’s equity capital without diluting promoters, supporting its growth strategy.