Borosil Renewables Capital Structure Change
Borosil Renewables cancelled 1,12,578 warrants and forfeited Rs. 1.49 Crore in subscription money due to non-payment. The company also restructured the utilization of issue proceeds.
- Value
- ₹1.49 Cr
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Borosil Renewables cancelled 1,12,578 warrants and forfeited Rs. 1.49 Crore in subscription money due to non-payment. The company also restructured the utilization of issue proceeds.
Borosil Renewables Limited allotted 53,38,840 equity shares following the conversion of warrants issued at Rs. 530 per share. This exercise raised approximately Rs. 282.96 Crore in total capital.
Borosil Renewables Limited allotted 12,52,629 equity shares following the conversion of warrants issued on a preferential basis. The conversion was executed at an issue price of Rs. 530 per share.
Borosil Renewables allotted 3,09,057 equity shares upon warrant conversion, raising approximately Rs. 16.38 Crore. This increases the company's total paid-up share capital to Rs. 14.06 Crore.
Borosil Renewables Ltd allotted 94,338 equity shares following warrant conversions, receiving ₹3.75 Crore in balance payments. The company's paid-up capital increased to 14,02,83,183 shares.