Springform Technology allots equity shares in preferential issue

Springform Technology Limited's board of directors, in a meeting held on December 27, 2025, approved the allotment of 10,050,000 equity shares. This follows approvals from the Board on July 23, 2025, and shareholders on August 20, 2025, along with in-principle approval from BSE Limited on December 15, 2025. The allotment, made at ₹10 per equity share, aggregates to ₹100,500,000, and includes both promoter and non-promoter categories.

The issuance, structured as a preferential allotment, will result in the shares being dematerialized and ranking pari-passu with existing equity shares. The total number of investors for this issuance is twenty-seven.

Key allottees include Amarjeet Kaur and Paramjeet Singh Chhabra (promoters) with 2,964,000 shares each, and Securocrop Securities India Private Limited (non-promoter) with 651,000 shares.