Mardia Samyoung Capillary Tubes Company Ltd — Important, 05-02-2026: Company Update
05-02-2026 | 07:31 pm
05-02-2026 | 07:31 pm
Mardia Samyoung Capillary Tubes' Board has approved the preferential allotment of 1.31 Crore fully convertible equity warrants to promoter Torextron Ventures Private Limited. Issued at Rs. 13.50 per warrant, this second tranche infusion brings funds into the company, with 25% of the consideration already received. Warrants are convertible into equity shares within 18 months, and their full exercise will lead to further capital increase and potential dilution for existing shareholders. This move strengthens the company's financial position.
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