Hemant Surgical Industries Ltd — Important, 16-09-2025: Company Update
16-09-2025 | 04:08 pm
16-09-2025 | 04:08 pm
Hemant Surgical Industries has allotted 20,99,200 warrants on a preferential basis at an issue price of Rs. 197 each. The company received an upfront payment of Rs. 49.25 per warrant, totaling Rs. 10.33 Cr. These warrants are convertible into one equity share each within 18 months, with the balance Rs. 147.75 payable upon conversion. Allottees include institutional non-promoters and promoters. This action provides immediate capital for the company and signals potential future equity expansion if warrants are exercised, impacting the ownership structure.
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