Rudra Ecovation Ltd — Important, 08-01-2026: Company Update
08-01-2026 | 12:07 pm
08-01-2026 | 12:07 pm
The company's Board has approved the allotment of 1.69 Cr equity shares, at an issue price of Rs. 48 each (including a Rs. 47 premium), following the conversion of warrants. This preferential allotment includes 1.13 Cr shares to Vinayak International (Non-Promoter) and 0.56 Cr shares to Shiva Spinfab Private Limited (Promoter), raising Rs. 6.0840 Cr for the company. Consequently, the paid-up equity share capital increased from Rs. 11.4368 Cr to Rs. 11.6058 Cr, impacting specific shareholder stakes. This move strengthens the company's capital base.
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