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Prism Medico and Pharmacy LtdImportant, 05-05-2026: Company Update

05-05-2026 · 04:34 pm

Prism Medico and Pharmacy Limited's Board of Directors approved the allotment of 75 lakh equity shares, each priced at ₹10, totaling ₹7.50 crore. They also approved 50 lakh convertible warrants, each priced at ₹10, amounting to ₹5.00 crore, issued on a preferential basis following member approvals. This capital raise through equity shares and warrants will inject fresh funds into the company, impacting its equity structure and providing capital for operations and growth. Shareholders should be aware of the potential for dilution from these new issuances.

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