Nupur Recyclers Limited — QIP/Rights/Pref., 02-07-2025: Allotment of Securities

Nupur Recyclers has announced a board meeting on July 2, 2025, approving the allotment of 4.3 lakh equity shares at ₹91 each (including ₹81 premium) upon conversion of warrants to promoters and non-promoters. The allotment raised ₹2.93 Cr (75% of issue price). Key allottees include promoters Rajesh Gupta (2 lakh shares) and family members, plus three non-promoter investors. Post conversion, the paid-up equity share capital increased to ₹69.07 Cr with a total of 6.91 crore shares. There are still 76.7 lakh warrants pending conversion, offering potential future equity dilution or fund inflow.