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Pattech Fitwell Tube Components LimitedQIP/Rights/Pref., 14-08-2025: Allotment of Securities

14-08-2025 | 12:22 pm

PATTECH has announced a board meeting on August 13, 2025, where it allotted 16.40 lakh equity shares via a preferential issue at ₹77.50 each, raising ₹12.71 Cr. This increases the company's paid-up equity capital to 93.97 lakh shares worth ₹9.40 Cr. Additionally, PATTECH allotted 24.59 lakh fully convertible warrants at ₹77.50 per warrant, collecting ₹4.80 Cr upfront. Each warrant can be converted into one equity share, potentially bringing in more funds and increasing equity in the future. This move infuses significant capital into the company.

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