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24/06/2026 18:44

Porwal Auto Comp - Intimation Of Receipt Of In-Principle Approval From BSE For Issue Of Shares And Warrants To Promoter & Non

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we hereby inform you that the Company has received the In-principle approval vide letter LOD/PREF/KS/FIP/435/2026-27, dated 24th June,2026, from BSE Ltd for -\r\n\r\n Issue of 17,54,384 Equity shares, having 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 , to Non-Promoter Investors by way of preferential issue.\r\n\r\n Issue of 3,94,735 warrants each convertible into, or exchangeable for, one equity shares within the period of 18 (eighteen months) in accordance with the applicable law ('Warrants') at a price of Rs. 57.00/- (Rupees Fifty Seven Only) each to the specified Promoter Group shareholders ) by way of preferential issue.\r\n \r\nFurther, please refer the enclosed file.