Apex Capital Allots 76 Lakh Shares via Warrant Conversion

Apex Capital's Securities Committee approved the allotment of 76 lakh equity shares upon conversion of warrants, receiving ₹71.25 crore.
The preferential allotment increases the company's paid-up capital from ₹5.92 crore to ₹13.52 crore, with 13 allottees participating.
New shares rank pari-passu with existing equity but are subject to SEBI ICDR lock-in requirements, with no change in company control.
The conversion follows a 2024 warrant allotment and requisite shareholder, BSE, and regulatory approvals, completing the process.