Allcargo Terminals Limited — QIP/Rights/Pref., 15-07-2025: Preferential issue
15-07-2025 | 12:48 pm
15-07-2025 | 12:48 pm
Allcargo Terminals' board has approved a strategic fundraise. The company will issue 1.32 Cr Fully Convertible Warrants (FCWs) through a preferential allotment to its Promoters and Promoter Group. Each warrant, convertible into an equity share, is priced at Rs. 29. This issuance aims to raise Rs. 38.28 Cr for the company. Additionally, the board approved increasing the authorized share capital from Rs. 55 Cr to Rs. 70 Cr, setting the stage for future financial moves.
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