Porwal Auto Components Ltd — Important, 09-07-2026: Company Update

Porwal Auto Components' Board approved a preferential allotment of securities. The company issued 1,754,384 equity shares to non-promoter investors at Rs. 57 each, raising approximately Rs. 10 Cr. This increases the paid-up equity share capital from Rs. 15.10 Cr to Rs. 16.85 Cr. Additionally, 394,735 convertible warrants were allotted to promoter group shareholders. Each warrant, priced at Rs. 57, requires an initial payment of Rs. 14.25 (total upfront ~Rs. 0.56 Cr) and is convertible into one equity share. The total warrant issue size is approximately Rs. 2.25 Cr. An ISIN for these warrants will also be obtained.