Nibe Ltd Allots 2.4 Lakh Shares via Warrant Conversion
Preferential Issue / QIP / FPO / OFS
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
14th Jul 2026
Key Transaction Details
- Type of Issuance: Preferential allotment in accordance with the Companies Act, 2013, SEBI (ICDR) Regulations, 2018, and other applicable laws.
- Number of Securities Allotted: 2,40,500 (Two Lakh Forty Thousand Five Hundred) Equity Shares.
- Face Value: ₹10 per share.
- Issue Price: ₹1,258 per share (fully paid-up).
- Allottee: Eminence Global Fund PCC – Eubilia Capital Partners Fund I.
- Instrument Converted: 2,40,500 warrants allotted on a preferential basis.
- Conversion Trigger: Receipt of the balance 75% of the subscription money.
Capital Structure Impact
- Pre-allotment Paid-up Equity Share Capital: ₹15,26,12,730.
- Post-allotment Paid-up Equity Share Capital: ₹15,50,17,730.
- Post-allotment Total Number of Equity Shares: 1,55,01,773 fully paid-up equity shares of ₹10 each.
- Rights of New Shares: The allotted equity shares shall rank pari-passu in all respects with the existing equity shares of the company.
Governance and Approval
- Approving Authority: The Board of Directors of Nibe Limited.
- Approval Method: Circular Resolution.
- Date of Approval: July 14, 2026.