L T Elevator Capital Structure Change
L.T. Elevator Limited has allotted 4,61,000 equity shares at ₹281.86 per share via a preferential issue to acquire Ricardo Elevators Private Limited.
- Value
- ₹12.99 Cr
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Time
6 announcements
L.T. Elevator Limited has allotted 4,61,000 equity shares at ₹281.86 per share via a preferential issue to acquire Ricardo Elevators Private Limited.
L T Elevator Limited's board has approved a preferential issue of 4,61,000 equity shares to four investors. The company will raise approximately ₹12.99 Crore at ₹281.86 per share.
Bandhan Small Cap Fund acquired 10,80,000 shares (5.08%) of L. T. Elevator Limited via preferential allotment. This transaction increases the company's equity base.
L. T. Elevator Limited allotted 5,31,914 convertible securities via preferential issue at ₹188 per share. This transaction raises approximately ₹10 Crore for the company.
L. T. Elevator Limited allotted 21,00,078 equity shares via a preferential issue at ₹188 per share. This capital expansion increases the company's paid-up share capital.
L.T. Elevator allotted 21.00 lakh equity shares and 5.32 lakh warrants at ₹188 per share on a preferential basis, raising total capital of ₹49.48 Crore.