Tirupati Forge Capital Structure Change
Tirupati Forge allotted 37 lakh convertible warrants to promoter group at ₹58 each, raising ₹21.46 Crore on a preferential basis. The warrants are exercisable within 18 months.
- Value
- ₹21.46 Cr
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Every Tirupati Forge capital structure change announcement on NSE and BSE, newest first, each with its own page.
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Tirupati Forge allotted 37 lakh convertible warrants to promoter group at ₹58 each, raising ₹21.46 Crore on a preferential basis. The warrants are exercisable within 18 months.
Tirupati Forge allotted 8,50,000 equity shares following warrant conversions, totaling Rs. 2.72 Crore. This concludes the conversion of all 1,17,60,000 warrants issued in January 2025.
Tirupati Forge Ltd approved ₹22.46 crore capital changes, including a ₹1 crore authorised capital boost and ₹21.46 crore preferential warrant issue. The move expands equity capacity.
Tirupati Forge increased its authorized equity shares to 275 million. The alteration reflects a capital structure change for future fund raising.
Tirupati Forge Ltd approved a preferential issue of convertible warrants raising ₹19.61 Crore. The issue will increase paid‑up share capital to about ₹26.58 Crore.