ALPHA TRIBE

Sah Polymers LimitedQIP/Rights/Pref., 25-07-2025: Allotment of Securities

25-07-2025 | 04:50 pm

Aeroflex Neu has allotted 72 lakh convertible warrants at Rs. 90 each through a preferential issue, raising Rs. 64.80 Cr. These warrants are convertible into an equivalent number of equity shares. Promoter group entity Aeroflex Enterprises Limited received 36 lakh warrants, which will lead to a 54.30% shareholding post-conversion. Other allottees include non-promoter investors Benani Capital Scheme-1 and VPK Global Venture Fund-Scheme-1, each receiving 6 lakh warrants. This significant fund infusion aims to strengthen the company's financial position.

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