- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Simran Farms' board approved the allotment of 10.18 lakh equity shares, resulting from the conversion of previously issued warrants. The company received the final 75% payment for these warrants, totaling **Rs. 11.84 Cr**. This preferential allotment, priced at **Rs. 155 per share**, significantly increases the company's paid-up capital from **Rs. 3.79 Cr to Rs. 4.81 Cr**, raising the total number of fully paid shares to **48.10 lakh**. This action bolsters the company's equity base and reflects the continued investment from both promoter and non-promoter groups.