Sun Retail Preferential Issue
Sun Retail allotted convertibles to one investor at Rs 1 per share under a preferential issue. The subscription outcome of 12.92 Crore shares implies Rs 12.92 Crore.
- Value
- ₹12.92 Cr
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Sun Retail allotted convertibles to one investor at Rs 1 per share under a preferential issue. The subscription outcome of 12.92 Crore shares implies Rs 12.92 Crore.
Sun Retail allotted 12,92,03,800 fully convertible equity warrants to Venece Merchandise at Rs.1.00 per warrant. The allottee has paid 25% upfront, and the warrants convert into equity shares later.
Sun Retail Ltd reported revenue from operations of ₹5.2 Cr (+642.9% YoY) and net profit of ₹0 Cr for H1 FY27.
Sun Retail Ltd allotted convertible securities under a preferential issue, with 151,614,786 shares subscribed at an issue price of Rs 1. Paid-up capital is unchanged at Rs 15.52 Crore.
Sun Retail Limited allotted 15,16,14,786 fully convertible equity warrants to five non-promoter allottees. The preferential allotment was executed at an issue price of Rs. 1.00 per warrant.