MFS Intercorp Ltd — Important, 07-03-2026: Company Update
07-03-2026 | 03:45 pm
07-03-2026 | 03:45 pm
MFS Intercorp has allotted 41,50,000 convertible warrants to non-promoters on a preferential basis. Each warrant is priced at Rs. 15. The company has already received an initial payment of Rs. 3.75 per warrant, totaling Rs. 1.56 Cr from these non-promoter allottees. This capital infusion strengthens the company's financial resources and brings in funds from external investors, setting the stage for potential future equity expansion upon warrant conversion.
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