ALPHA TRIBE

Crown Lifters LimitedQIP/Rights/Pref., 04-07-2025: Allotment of Securities

04-07-2025 | 11:17 am

Crown Lifters Limited has announced a board meeting on July 4, 2025, approving the allotment of 234,156 equity shares at ₹268 each (including ₹258 premium) upon conversion of warrants to four non-promoter investors—Siraj Virji Jaria, Swati Goel, Raju Ramchandra Bhat HUF, and Intellectual Partners. This infuses ₹4.71 Cr into the company. Post-allotment, the paid-up equity share capital stands at ₹11.51 Cr with 1.15 crore shares outstanding. No warrants remain pending conversion, and the new shares rank equally with existing ones.

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