Filtron Engineers Ltd — Important, 17-12-2025: Company Update
17-12-2025 | 10:44 pm
17-12-2025 | 10:44 pm
Filtron Engineers Limited's Board has approved the allotment of new securities. The company issued 1.59 crore equity shares for cash, totaling 15.90 Cr, to various non-promoter investors. Additionally, the Board approved the issuance of 4.50 crore equity shares, worth 45.00 Cr, and 1.92 Cr 0.5% Non-Convertible Compulsorily Redeemable Preference Shares, worth 19.21 Cr, as part of a share swap deal. These shares were allotted to two individuals who will now become company promoters. This move significantly changes the company's capital structure and promoter base.
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