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Board Meeting Outcome

Akash Infra-Projects Board Meeting Outcome

Akash Infra Projects Limited's board approved the allotment of 40,00,000 convertible warrants at ₹40 each on a preferential basis. The company received ₹4 Crore (25% subscription) from 19 investors, including promoters. Warrants are exercisable into equity shares within 18 months, strengthening the company's capital position for growth.

Key figures
Value₹4.00 Cr
Execution period18 months
Source

NSE filing, NSE: AKASH. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Akash Infra-Projects Ltd: key numbers

Share price
₹22.82
Market cap
₹38.48 Cr
Revenue (annual)
₹82.08 Cr
Net profit (annual)
₹0.65 Cr
P/E (TTM)
56.1×Sector 32.4×
Promoter holding
74.59%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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