SPML Infra allots new equity shares from warrants exercise
SPML Infra Limited has informed stock exchanges of the allotment of 562,303 equity shares. This allotment, approved by the board of directors on October 6, 2025, stems from the exercise of rights attached to an equal number of convertible warrants. Each equity share has a face value of Rs 2/-.
The warrants were converted at a price of Rs 118.56/- per equity share, which includes a premium of Rs 116.56/-. This conversion was undertaken on a preferential basis to Zoom Industrial Services Ltd, identified as a member of the promoter group of SPML Infra.
The company affirmed that this allotment process was conducted in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and other applicable regulatory and statutory guidelines.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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