ALPHA TRIBE

PMC Fincorp LtdImportant, 22-12-2025: Company Update

22-12-2025 | 02:03 pm

PMC Fincorp's Board has approved a fund-raising plan through a preferential issue of up to 9 Crore fully convertible warrants to non-promoter entities. Each warrant is priced at Rs. 2.62, aiming to raise a total of Rs. 23.58 Crore. This capital infusion is crucial for supporting the company's operations and growth. The proposal is subject to shareholder approval, for which an Extraordinary General Meeting notice has been approved. This move could lead to future equity dilution upon warrant conversion.

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