Titan Intech Capital Structure Change
Titan Intech allotted 2,00,00,000 equity shares following warrant conversions. The exercise price was Rs. 55 per share, representing a total value of ₹110 Crore.
- Value
- ₹110.0 Cr
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Titan Intech allotted 2,00,00,000 equity shares following warrant conversions. The exercise price was Rs. 55 per share, representing a total value of ₹110 Crore.
Titan Intech allotted 3,30,00,000 equity shares upon conversion of warrants. The conversion follows a prior preferential allotment, strengthening the company's equity capital base.
Titan Intech Limited allotted 57,00,000 equity shares following the conversion of convertible equity share warrants. The conversion involved four public-category allottees including Tricom Impress Private Limited and Waxwing Business Ventures. This exercise follows an original warrant issuance at Rs 55 per share, representing a total value of approximately ₹3.13 Crore.