← Top stories
Funding and debt▲ Bullish for Aequs
Aequs promoter group to infuse ₹650 crore through convertible warrants
The brief
- 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
- GIFT Nifty down 81 points; Clean Max, SAIL, Aequs, Signatureglobal, PCJ among top stocks in focus
- Stocks to Watch Today: Fortis Healthcare, Unichem Labs, Clean Max Enviro, Prestige Estates, Signature Global, Aequs, Robokidz Eduventures in focus on 28 September
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
- Aequs promoter group to infuse ₹650 crore through convertible warrants