Megamont Capital Structure Change
Promoters Minal Gaurav Patil and Maddukuri Mounica acquired 20,40,000 equity shares each via allotment, increasing their respective stakes from 29.28% to 31.46%.
- Value
- ₹4.08 Cr
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Promoters Minal Gaurav Patil and Maddukuri Mounica acquired 20,40,000 equity shares each via allotment, increasing their respective stakes from 29.28% to 31.46%.
Megamont Limited promoters acquired 40,80,000 equity shares following the conversion of warrants issued on a preferential basis. This transaction increased the promoter group stake to 60.22%.
Megamont Limited approved the conversion of 44,80,000 convertible warrants into equity shares at Rs. 22 each. Total consideration for this allotment amounts to Rs. 9.86 Crore.