Corporate Merchant Bankers Ltd — Updates, 10-07-2025: Company Update

Corporate Merchant Bankers Limited has announced a preferential issue of up to 5.08 crore equity shares at a revised price of ₹16.08 each to convert outstanding unsecured loans totaling ₹81.65 Cr to non-promoter entities. Additionally, the company plans to issue up to 93.28 lakh equity shares at the same price to other non-promoter investors, aiming to raise ₹15 Cr. Post-issuance, promoter shareholding will dilute significantly to around 3.12%, while public shareholding will increase to nearly 97%. The equity share valuation is based on net asset value, confirming ₹16.08 per share. This capital raise will strengthen the company’s financial position and broaden its shareholder base.