Sykes And Ray Equities Open An Account Button
SRE India Mobile Trading App Download Promotion
Sykes And Ray Equities India Start SIP Investment Visual
Sykes And Ray Equities India Start Trading Online Visual

Markets

Market Nav

News Details

09/06/2026 19:38

Porwal Auto Comp - Announcement under Regulation 30 (LODR)-Preferential Issue

We wish to inform you that, at the Extra-Ordinary General Meeting ('EGM\) held on 05th June, 2026, the Shareholders of the Company have approved subject to the in principle approval by Stock Exchange the:\r\n\r\n1. Issuance of 17,54,384 Equity Shares on Preferential Allotment cum Private Placement basis to the Public of Face Value of Rs. 10/- (Rupee Ten Only) each at a price of Rs. 57.00/- (Rupees Fifty-Seven Only) per Equity Share (including a premium of Rs. 47.00/- (Rupees Forty-Seven Only) per share ('Preferential Allotment Price')\r\n2. Issuance and allotment of 3,94,735 Warrants convertible into Equity shares each on Preferential Allotment cum Private Placement basis to Promoter Group of Face Value of Rs. 10/- (Rupee Ten Only) each at a price of Rs. 57.00/- (Rupees Fifty-Seven Only) (including premium Rs. 47/-) each payable in cash ('Warrant Issue Price')\r\nPlease refer the enclosed file