MAC Hotels Limited's board approved the allotment of 7,25,133 equity shares at ₹45 each and 45,91,903 convertible warrants at ₹45 each, raising ₹3.26 crore and ₹20.66 crore respectively.
The company corrected a previous filing, reclassifying warrant allottees from serial numbers 24 to 45 from 'Promoter Group' to 'Non-Promoter' category.
The preferential issue was approved by shareholders on March 21, 2026, and received in-principle approval from BSE Limited on April 29, 2026.
The paid-up equity share capital increased to ₹6.36 crore divided into 63,56,421 shares following the allotment of equity shares.