Norben Tea & Exports Limited — QIP/Rights/Pref., 24-07-2025: Allotment of Securities
24-07-2025 | 12:43 pm
24-07-2025 | 12:43 pm
Norben Tea & Exports has allotted 4 lakh equity shares, each priced at Rs. 17, to Non-Promoter Kailash Dhanuka HUF. These shares were issued upon warrant conversion, with the company receiving the balance 75% payment of Rs. 12.75 per share. This transaction infuses Rs. 0.51 Cr into the company and increases its paid-up equity share capital to Rs. 13.74 Cr. This move significantly boosts Kailash Dhanuka HUF's stake.
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