Transaction Details
The company has allotted 12,77,155 (Twelve Lakhs Seventy-Seven Thousand One Hundred Fifty-Five) equity shares of face value ₹2 each to Affle Holdings Pte. Ltd., the Promoter Company, pursuant to exercise of warrants.
Pricing and Payment Structure
The issue price was ₹1,487 per share. The payment structure involved:
- 25% upfront payment (₹371.75 per warrant) received at the time of warrant allotment
- 75% balance payment (₹1,115.25 per warrant) received upon warrant conversion
Cumulative Allotment Status
As of date, the company has allotted 30,16,443 equity shares out of the total 74,00,000 warrants allotted to the Promoter Company. The company has received an aggregate amount of ₹6,115.04 million against the total consideration of ₹11,003.80 million payable for all warrants.
Capital Structure Impact
The issued, subscribed and paid-up share capital of the company has increased to ₹287,791,654 divided into 143,895,827 equity shares of ₹2 each.
Listing Status
The company is in the process of applying for listing of these shares with the National Stock Exchange of India Limited (NSE) and BSE Limited.
Additional Information
- Type of securities: Equity shares issued pursuant to warrant conversion
- Type of issuance: Preferential allotment
- Number of investors: 1 (Affle Holdings Pte. Ltd.)
- No cancellation or termination of the issuance proposal