Emami Realty Limited allotted 82,00,000 equity shares worth ₹105.37 Crore to promoter group entities Suraj Finvest and Diwakar Finvest upon the conversion of warrants. This conversion increases the total promoter group holding from 68.45% to 73.42%.
Emami Realty Limited allotted 82,00,000 equity shares at Rs. 128.50 each following the conversion of warrants. The transaction, valued at ₹105.37 Crore, involved converting existing unsecured loans to cover the remaining 75% exercise price. This allotment increases the company's paid-up share capital to ₹10.41 Crore.
Emami Realty Limited allotted 82,00,000 equity shares to promoter group entities Suraj Finvest and Diwakar Finvest upon conversion of warrants. The transaction involved a capital infusion of ₹79.03 Crore. Consequently, the company's paid-up capital increased to ₹10.41 Crore.