Cubex Tubings Ltd

Cubex Tubings Convertible Warrants

Cubex Tubings' EGM approved issuing up to 50,00,000 convertible warrants on preferential basis. The resolution passed with all votes cast in favour.

Cubex Tubings Convertible Warrants

Cubex Tubings shareholders approved issuing up to 50,00,000 convertible warrants to promoters and non-promoters at the 6 November 2026 EGM. The resolution passed with 100% of valid votes in favour.

Cubex Tubings Convertible Warrants

Cubex Tubings' EGM sought approval for a ₹75 Crore preferential issue of 50,00,000 warrants at ₹150 each. Cubex Securities, a promoter, is allotted 33,90,000 of them.

Value

₹75.00 Cr

Cubex Tubings Convertible Warrants

Cubex Tubings clarifies its proposed preferential issue of up to 50 lakh convertible warrants at ₹150 each, aggregating ₹75 crore, ahead of the 6 November 2026 EGM. It also confirms the conversion will avoid triggering an open offer.

Value

₹75.00 Cr

Cubex Tubings Convertible Warrants

Cubex Tubings filed a corrigendum to its EGM notice for a preferential issue, adding objects-of-issue, post-issue shareholding, lock-in and compliance disclosures. The issue involves warrants convertible into equity, with the company raising ₹75 crore.

Value

₹75.00 Cr

Cubex Tubings Convertible Warrants

Cubex Tubings Limited has convened an EGM on November 6, 2026, to seek shareholder approval for issuing 50 lakh convertible warrants at Rs. 150 per warrant.

Value

₹75.00 Cr