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Aequs promoter group to infuse ₹650 crore through convertible warrants

3 sources · first seen 19:37 25 Sept · updated 11:04 26 Sept

The brief

Written from 3 reports · check the source before you trade
  • Aequs board approved a ₹650 crore preferential issue of warrants to the promoter group
  • Aequs shares closed at ₹246, up ₹3.15 or 1.30% on the BSE
  • The capital infusion funds Aequs’ business; existing shareholders face potential dilution from warrant conversion

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Part of a developing story3 updates over 2 days

Aequs promoter-group warrant issue

Aequs’s board approved a ₹650 crore preferential issue of convertible warrants to its promoter group; its shares closed at ₹246 on the BSE, up 1.3%. The issue is intended to support capacity expansion.

Saturday, 26 September

Friday, 25 September

  1. 3 sourcesYou are here
    Aequs promoter group to infuse ₹650 crore through convertible warrants

Read the reports

3 reports · earliest 19:37
CNBC-TV18Aequs board approves ₹650 crore preferential issue of warrants to promoter group19:37Financial ExpressAequs promoter group to infuse Rs 650 crore through warrants00:40Business StandardPromoter Group commits capital infusion of Rs 650 cr into Aequs11:04