ALPHA TRIBE

Arcee Industries LtdImportant, 06-07-2026: Company Update

06-07-2026 | 08:42 pm

The company has allotted 2.13 crore fully convertible warrants on a preferential basis to 29 non-promoter investors. Each warrant is priced at Rs. 10.35. The company received an initial subscription amount of Rs. 5.51 crore, representing 25% of the issue price. These warrants entitle holders to subscribe to one equity share per warrant by paying the remaining 75% within 18 months. This allotment is a capital-raising exercise that, upon full conversion, will lead to an increase in the company's equity share capital.

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