Pelatro Fund Raise of ₹28 Cr
Pelatro Limited seeks shareholder approval via postal ballot to issue 7,00,000 convertible share warrants at ₹400 per warrant, raising up to ₹28 Crore.
- Value
- ₹28.00 Cr
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Pelatro Limited seeks shareholder approval via postal ballot to issue 7,00,000 convertible share warrants at ₹400 per warrant, raising up to ₹28 Crore.
Pelatro Limited issued a postal ballot notice seeking shareholder approval for a preferential issue of 7,00,000 share warrants valued at ₹28 Crore.
Pelatro Limited's board approved the preferential issue of 7,00,000 share warrants at Rs. 400 each. The issue aggregates to Rs. 28 Crore, subject to shareholder approval.
Pelatro Limited will hold a board meeting on September 14, 2026, to discuss a potential fund-raising proposal via a preferential issue of securities.
Pelatro Independent Director Ms. Anuradha disclosed sale of 5700 equity shares in two tranches. The PIT Reg 7(2)(b) filing is a routine compliance disclosure.
Suresh Yezhuvath gifted 50,000 shares (0.47%) to his son Sarath S in an off-market inter-se transfer. Promoter group aggregate holding remains unchanged.