Bohra Industries Limited — Important, 17-06-2025: General Updates
17-06-2025 | 06:27 pm
17-06-2025 | 06:27 pm
Bohra Industries Limited has announced a board meeting to approve allotment of 68.75 lakh equity shares at Rs. 32 each, raising Rs. 22 Cr from Mark AB Capital Investment India Pvt. Ltd, who will become the new promoter after completing the open offer process. Additionally, 20.25 lakh convertible warrants were allotted at the same price to seven non-promoter investors, raising Rs. 6.48 Cr (25% upfront received). Full conversion of warrants into equity shares is possible within 18 months, potentially expanding the share capital and promoter holding significantly.
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