Afcom Holdings Ltd — Important, 03-12-2025: Company Update
03-12-2025 | 01:00 pm
03-12-2025 | 01:00 pm
Afcom Holdings Limited has provided details regarding its proposed preferential issue of equity shares and fully convertible warrants. This initiative involves allotting shares and warrants to various promoters and non-promoters. For example, promoter Deepak Parasuraman is proposed to receive 150,000 shares, adjusting his fully diluted stake from 17.74% to 16.73%. New non-promoter allottees like Yash Jasbir Oberoi and Rupal Mehta are proposed to be allotted 100,000 shares each, resulting in new stakes of 0.37% respectively. This strategic move will modify the company's capital structure and individual ownership percentages among these investors.
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